Correct Option: B

The International Finance Corporation (IFC) is an international financial institution which offers investment, advisory, and asset management services to encourage private sector development in developing countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States. The term “World Bank” generally refers to just the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), whereas the term World Bank Group or WBG is used to refer to all five institutions collectively