GS PrelimsInternational relationsInternational Organizations1999

Match List I with List II and select the correct answer using the codes given below the Lists: List I - List II 1. I. WTO - A) Provides loans to address short-term balance of payment problems 2. II. IDA - B) Multi-lateral trade negotiation body 3. III. IMF - C) Sanction of soft loans 4. IV. IBRD - D) Facilitating lendings and borrowings for reconstruction and development

A

I-B, II-C, III-D, IV-A

B

I-B, II-C, III-A, IV-D

C

I-C, II-B, III-D, IV-A

D

I-C, II-B, III-A, IV-D

Correct Answer: Option B

Explanation

1. The task is to match the International Organizations (List I) with their primary functions/descriptions (List II). 2. WTO (World Trade Organization): Its main function is to deal with the rules of trade between nations, acting as a forum for multi-lateral trade negotiations and dispute settlement. So, I matches with B. 3. IDA (International Development Association): Part of the World Bank Group, IDA provides concessional loans and grants (soft loans) to the world's poorest developing countries. So, II matches with C. 4. IMF (International Monetary Fund): Provides financial assistance (loans) to member countries facing short-term balance of payment problems, conditional on policy reforms. So, III matches with A. 5. IBRD (International Bank for Reconstruction and Development): The original institution of the World Bank Group, IBRD provides loans and advisory services to middle-income and creditworthy low-income countries for reconstruction and development projects. So, IV matches with D. 6. Combining these matches: I-B, II-C, III-A, IV-D.

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