1.

Which one of the following is not the guiding principle of the World Bank regarding it’s lending operations ?

A. Proper assessment of the repayment prospects of loans.
B. Lending should be only for specific projects which are economically and technically sound and of a high priority nature.
C. The lending should be to enable a country to meet foreign exchange content of the project cost.
D. The bank does expect the borrowing country to spend the loan in a particular country.
Answer» E.


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