passwella.
Menu

JAMB Economics 2001 Question 48

Question 48

International Economic Organisations

The loans from the World Bank to developing countries are mainly to support

  1. A.the establishment of more universities
  2. B.capital-intensive technology
  3. C.infrastructural investments
  4. D.their low level of consumption
Show the answer and explanation

Answer: C (infrastructural investments)

Explanation

The World Bank lends mainly for long-term development projects such as roads, power and water: infrastructure.