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  1. The World Bank normally gives:
    1. short-term loans
    2. medium-term loans
    3. long-term loans
    4. medium and long-term loans
Correct Option: B

The World Bank is an international financial institution that provides loans to developing countries for capital programs. The World Bank is one of four institutions created at the Bretton Woods Conference in 1944. The International Monetary Fund (IMF), a related institution, is another.



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