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Which one of the following International institutions has offered the concessional loans and grants to the world's poorest developing countries ?
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- IFC
- IDA
- IMF
- WB
Correct Option: B
International Development Association has offered the concessional loans and grants to the world's poorest developing countries. The IDA is a member of the World Bank Group and is administered by the International Bank for Reconstruction and Development (IBRD).