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Question
Which wing of the World Bank is called the 'soft-loan-window' ?
IBRD
IDA
IFC
FDI
BIS
ANSWER : 2
Descrption
<p>The International Development Association (IDA) is known as the soft loan window of the World Bank. It is because <strong>IDA provides loans in the interest rates below the market rates</strong>. <strong>The soft financing is also done in ways such as loan holidays or long repayment periods for the borrowers.</strong></p>
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