Question

Which one of the following statements about the World Bank is correct?
A. The World Bank provides gold for developing countries that want to go on the gold standard.
B. The World Bank provides short-term loans to developing countries that are incurring balance of payments deficits.
C. The World Bank provides military assistance to those nations interested in improving national defense.
D. The World Bank makes and guarantees loans for basic development projects such as the construction of dams, roads, and
schools.

I believe my answer is D

Answer 1

I agree with you. D is the only answer that makes sense. The short term loans posited in B would not help much and the other choices are total nonsense.

Answer 2

I choose option D because World bank provide short term loans also but
it doesnot provide any guaarantees