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The World Bank can be considered the world's bank. Many governments (National and State) of various developing nations approach the world bank for monetary help with respect to various development project in their region. For ex: If the Chief Minister of the State of TamilNadu (India) plans on building a huge dam across one of its rivers and requires funding worth a few hundred crores of Rupees and does not have sufficient funding in his coffers, he can approach the world bank. He would have to submit a proposal with details of the plan along with details as to how he plans on repaying the borrowed money. If the World Bank feels that the plan will benefit the people of the state and also if they feel the state government will be able to repay the money loaned out, they will grant the loan.
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The primary function of the World Bank is to?
loan money to underdeveloped countries.
What are the objectives of kotak mahindra bank?
What is India
What is primary bank?
Primary banks are providing services directly to the people. They perform many functions of opening accounts,accepting deposites,lending,etc.They work under the control of central and reginal banks.
Aims n objectives of icici bank?
aim
What was the primary function of the second national bank?
The primary function of any bank is to make a profit
Primary functions of commercial bank?
Accepting deposits,advances of loan ,credit creation
What are the aims and objectives of HSBC?
To be the world's Number one leading bank
What are the objective and function of rural banking?
The rural bank's vital objectives is providing credits and others. Its functions is develop the all sectors.
Functions of the world bank?
One of the functions of the world bank includes granting reconstruction loans to the war devastated countries. The other function is granting development loans to the underdeveloped countries.
What are the aims and objectives of a bank account?
The bank account itself does not have any aims or objectives, it is only humans that can have these.
The primary function of the World Bank is to?
loan money to underdeveloped countries.
What exactly meant by bank turnover?
Bank's turnover means the sum of the 2 primary functions of the bank i.e lending and borrowing. Thus, it is the sum of the bank's total deposits and total advances. Deposits are the liabilities of the bank and advances are the assets of the bank. - Smriti
What are the main objectives of the World Bank?
The headquarters of the World Bank is in Washington DC, USA. They provide loans to developing countries for their development. Currently it has 187 member countries. USA is one of the key countries that govern the world bank. The current president of the World Bank is Robert B Zoellick
The district primary education program in India is largely funded by?
World bank
What are aims and objectives of opening various types of bank accounts?
a report on procedure are opening vrious types of bank accounts aims and objectives
What are the objectives of kotak mahindra bank?
What is India
What is primary bank?
Primary banks are providing services directly to the people. They perform many functions of opening accounts,accepting deposites,lending,etc.They work under the control of central and reginal banks.
