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Commerce Short Question | Gkseries

Q.

Which one of the following statements is false ?

[A] IFC was established in July 1956
[B] IFC encourages the growth and development of Public Sector Enterprises in member countries
[C] IFC is an affiliate of the World Bank
[D] IFC encourages the growth of productive private enterprises in member countries
Answer & Explanation

Answer: IFC encourages the growth and development of Public Sector Enterprises in member countries