Match List I with List II:

List I List II
(A) International finance corporation (I) 1944
(B) International Development Association (II) 1967
(C) World Intellectual property organisation (III) 1956
(D) International bank for reconstruction and Development (IV) 1960
 

Choose the correct answer from the options given below:

 
 
 
 
 
 
 
 

This question was previously asked in
UGC NET Paper-2: Commerce 25th Dec 2021 Shift 2
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  1. (A) - (IV), (B) - (I), (C) - (III), (D) - (II)
  2. (A) - (II), (B) - (IV), (C) - (I), (D) - (III)
  3. (A) - (III), (B) - (II), (C) - (IV), (D) - (I)
  4. (A) - (III), (B) - (IV), (C) - (II), (D) - (I)

Answer (Detailed Solution Below)

Option 4 : (A) - (III), (B) - (IV), (C) - (II), (D) - (I)
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Detailed Solution

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The correct answer is (A) - (III), (B) - (IV), (C) - (II), (D) - (I)

The correct match is given below:

List I List II
(A) International finance corporation (III) 1956
(B) International Development Association (IV) 1960
(C) World Intellectual property organisation (II) 1967
(D) International bank for reconstruction and Development (I) 1944

 

Important Points
International Finance Corporation: 

The International Finance Corporation (IFC) provides financing of private-enterprise investment in developing countries around the world, through both loans and direct investments. It was established on 20 July 1956

International Development Association: 

The World Bank Group's International Development Association (IDA) provides assistance to the world's poorest nations. The IDA's primary goal is to give grants and low-interest loans to the world's poorest nations. It was established on 24 September 1960.

World Intellectual Property Organisation:

In order to promote intellectual property (IP) protection and foster creative activity globally, the UN established the World Intellectual Property Organization (WIPO) in 1967. In essence, WIPO serves as a global forum for IP policy, services, knowledge sharing, and cooperation. It was established on 14 July 1967

International bank for reconstruction and Development:

A development bank run by the World Bank is the International Bank of Reconstruction and Development (IBRD). To help nations fight poverty and advance sustainable development, the IBRD provides financial products and policy recommendations. It was established in 1944.

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