Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Environment and International Business International Economic institutions World Bank
Which one of the following is not the guiding principle of World Bank regarding its lending operation?
1
Proper assessment of the repayment prospects of loans.
2
Lending should be only for specific projects which are economically and technically sound and of a high priority nature.
3
The lending should be to enable a country to meet foreign exchange content of the project cost.
4
The bank does expect the borrowing country to spend the loan in a particular country.