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Basics of International Business

Quick practice

Question 1 of 5

Assertion (A): World Bank grants loans by borrowings from other member countries.

Reason (R): Bank pays the interest to the member country from which it borrowed funds for a specified time period.

Codes:

A

(A) is correct, but (R) is incorrect

B

 (A) and (R) are correct but (R) is not the correct explanation of (A)

C

(A) and (R) are correct and (R) is the correct explanation of (A)

D

(A) is incorrect, but (R) is correct

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