Which organization's headquarters, located in Washington D.C., focuses on providing loans and grants for developing countries' capital projects?
A
International Monetary Fund
B
World Bank
C
Asian Development Bank
D
African Development Bank
Correct Answer: Option B — World Bank
Explanation:
The World Bank, headquartered in Washington D.C., focuses on financing capital and development projects in developing countries, distinct from the IMF's macroeconomic stabilization role.