What Are The Activities of The World Bank?


0
52 comments

World Bank

Advertisement

ACTIVITIES OF THE BANK

The fundamental aims underlying the World Bank’s activities are :

 

(1)  The Bank is not intended ‘to provide the external financing required for all meritorious projects of Reconstruction and development (but) to provide a catalyst by which production may be generally Stimulated and private investment encouraged;

The Bank should encourage necessary action by the member governments to ensure that the

Bank’s loans will actually prove productive. The promotion of sound financial programmes, the of unnecessary barrier, and the regional integration of production loans, where appropriate, are some of the fields in which the Bank may be able to exert a helpful influence; and

 

(2) Bank must play an active rather than passive role (and take advantage of its international cooperative character ) to initiate and develop plans to the end that the Bank’s resources are used not only prudently from the standpoint of its investors but wisely from the standpoint of the world.

 

The World Bank is primarily concerned to ensure that its loans make the greatest possible contribution to increase the production, raising the living standards of people in the borrowing member country and opening opportunities for further investment in the borrowing member country.

 

 

Advertisement
The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

Like it? Share with your friends!

0
52 comments
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

52 Comments

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube and Vimeo Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format