IBRD is another name of:


B) World Bank

C) Asian Development Bank

D) None of these

The International Bank of Reconstruction and Development (IBRD) is one of the two major institutions that make up the World Bank, with the other being the International Development Association (IDA). The IDA is a financial institution dedicated to making developmental loans to the world’s poorest countries. The IBRD was founded in 1944 with the goal of helping war-torn European countries rebuild their infrastructure and their economies.