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Current Affairs Medium FPSC Uploaded: 04 Oct 2026

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.
Submitted by: PaperMCQs
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