Which of the Following Is True About the World Bank

Multiple Choice

Which of the following is true about the World Bank and the International Monetary Fund (IMF) ?

A) The World Bank and the IMF were created after World War II as part of a major reform of the international monetary system.
B) These institutions make loans to developing countries.
C) They serve as intermediaries, channeling funds from industrialized countries to developing ones.
D) All of the above are true.
E) None of the above are true.