question_answer

Choose the correct option related to World Bank Organisations, IBRD and IDA.

I. India use IDA funds on social sector.

II. India use IBRD funds on infrastructure development.

III. IBRD loans are cheaper than IDA loans.

Which of the statements given above is/are correct?

A)  Only I            

B)  Only II

C)  I and II       

D)  II and III

E)  All of these