Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
IBRD Full Form
IBRD stands for:
- International Bureau of Revenue Development
- International Bank for Reconstruction and Development — Correct Answer
- Indian Bank for Rural Development
- International Board of Regional Development
Explanation:
Correct Answer Explanation
IBRD stands for International Bank for Reconstruction and Development, popularly known as World Bank.
Key Points:
- Along with IMF (International Monetary Fund), it provided $7 billion loan to India.
- These agencies expected India to liberalise and open up the economy.
📚 About this Topic — CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL
This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.
