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Question

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Explain briefly the World Bank.

Solution

(i) The World Bank was created after the Second World War in 1945.

(ii) It works for human development (education and health), agriculture and rural development (irrigation and rural services), environment protection, infrastructures and governance.

(iii) It provides loans and grants to the member countries. In this way, it exercises enormous influence over the policies of the developing countries.

(iv) It is often criticised for setting the economic agenda of the poorer nations, attaching stringent conditions to its loans and forcing free market reforms.

Some More Questions From International Organisations Chapter

The UN Security Council has permanent and non-permanent members.

________ is the present UN Secretary-General.

What are the functions of the Security Council ?

As a citizen of India, how would you support India’s candidature for the permanent membership of the Security Council ? Justify your proposal.

Critically evaluate the difficulties involved in implementing the suggested reforms to reconstruct the UN.

Though the UN has failed in preventing wars and related miseries, nations prefer its continuation. What makes the UN an indispensable organisation ?

‘Reforming the UN means restructuring of the Security Council’. Do you agree with this statement ? Give arguments for or against this position.

Identify the Issues which need cooperation of all the states.

When was UNO founded ?

Which war led to the formation of UNO?

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