JAMB Government 2019 Objective — Question 36
Question 36 of 40 from the Joint Admissions and Matriculation Board (JAMB) Government 2019 Objective paper, with the correct answer and a full explanation.
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Which of the following international finance institutions was established to co-ordinate, manage and provide economic developmental funds for African countries
- A. international monetary fund (IMF)
- B. international bank for development
- C. World Bank
- D. African Development BankCorrect
Explanation
The African Development Bank was established specifically to mobilize and provide financing for the economic and social development of African member countries, unlike the IMF and World Bank, which have a broader global mandate.
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