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The International Bank for Reconstruction and Development(IBRD) performs the following ...

The International Bank for Reconstruction and Development(IBRD) performs the following functions except ____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Granting long-term loans
  • B Assisting with technical expertise
  • C Reducing tariff among members
  • D Developing human resource
Correct Answer: Option C
Explanation:
The major function of the International Bank for Reconstruction and Development (IBRD) is to grant long-term loans for developmental purposes to member states, provide technical support and expertise at each stage of a project being undertaken, and the development of human resources.
It is not the job of the IBRD to reduce tariffs amongst its members.

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