2010 General Studies, all questions

UPSC Prelims 2010 · General Studies

Question 150: International Relations and Current Affairs

The International Development Association, a lending agency, is administered by the

aInternational Bank for Reconstruction and Development
bInternational Fund for Agricultural Development
cUnited Nations Development Programme
dUnited Nations Industrial Development Organization

AnswerThe answer is (a).

The International Development Association (IDA) is the arm of the World Bank Group that gives interest-free or low-interest credits and grants to the poorest countries. It was set up in 1960 and shares its management and staff with the International Bank for Reconstruction and Development (IBRD), which administers it. IFAD, UNDP and UNIDO are separate UN bodies. Remember: the World Bank = IBRD + IDA, and the Group also has the IFC, MIGA and ICSID.

Why each option is right or wrong
  • (a) Right: the IBRD administers the IDA.
  • (b) IFAD is a separate UN specialised agency for rural poverty.
  • (c) UNDP is a separate UN development body.
  • (d) UNIDO is a separate UN industrial development agency.

Explanation: written by UPSC Grade, not by UPSC.

Source: UPSC, Civil Services (Preliminary) Examination 2010, General Studies, Series A. The paper on upsc.gov.in.