-
Which Indian city has been chosen by the World Bank for setting up its back-office operations?
-
- New Delhi
- Kolkata
- Chennai
- Bangalore
Correct Option: C
The World Bank, Chennai is the sole back office of the World Bank headquartered in Washington, DC. The Chennai office offers corporate financial, accounting, administrative and IT services for the Bank’s offices in around 150 countries. The Chennai office handles several value-added operations of the bank that were earlier handled only in its Washington, DC office. When the bank commenced its Chennai operations, it was primarily restricted to processing. An analysis component was added later.