How are the International Monetary Fund and the World Bank similar?

1 answer:

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The International Monetary Fund and the World bank are similar by the way they both fight poverty in developing countries.

Answer: Option C

<u>Explanation:</u>

The International Monetary Fund and the World Bank fight to raise the living standards of the developing nations. The IMF provides support and advice to the countries as of how to develop the economy of a nation.The World Bank works out on all possible ways to develop the countries economic status on a futuristic view.

The World Bank provides money to fund projects of the developing country which would raise the economy. In times of crisis or natural calamity at once it lends a helping hand providing them assistance in medicine and other requirements.

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