MCQOPTIONS
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| 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. | |