L.

S RAHEJA COLLEGE OF ARTS AND COMMERCE

JUHU ROAD, SANTACRUZ (W), MUMBAI 400 054

PROJECT REPORT ON

Important role of World bank

SUBMITTED BY

SAHIL PRASLA
IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF

T.Y.B.COM (FINANCIAL MARKETS) SEMESTER VI

PROJECT GUIDE

PROF. Nishant Garg

UNIVERSITY OF MUMBAI
2012 - 2013

DECLARATION
I hereby declare that I have successfully completed the project on Important role of World bank for the academic year 2012-2013. The project is done under the guidance of Prof. Nishant Garg and this project work is submitted in the partial fulfilment of the requirements for the award of the degree of Bachelor of Commerce (Financial Markets) The information provided in the project is true and to the best of my knowledge.

Signature of the Student Sahil prasla Roll No: 38 T.Y-B.Com (Financial Markets)

CERTIFICATE
This is to certify that Sahil Prasla student of TY-B.Com (Financial Markets) Semester VI of L. S Raheja College of Arts & Commerce has successfully completed the project on Important role of world bank under the guidance of Prof. Nishant Garg for the academic year 2011-2012.

Course Co-ordinator (Prof. Abdul Kadir Khan)

Principal

College Seal

Project Guide (Prof. Nishant Garg)

External Guide

ACKNOWLEDGEMENT
I would like to express my gratitude to all those who gave me the possibility to complete this project. I take this opportunity to thank the University of Mumbai for giving me chance to do this project. I am deeply indebted to my project guide Prof. Nishant Garg from L.S. Raheja College of Arts & Commerce whose stimulating suggestions and encouragement helped me all the time of research. I wish to express my gratitude to Mr. Abdul Kadir Khan, Academic Coordinator, and Dr. (Ms) M.B. Madlani, Principal of L.S Raheja College of Arts & Commerce for their support. I am thankful to my college for providing me with all necessary amenities like well-equipped computer lab and library which were of great help during the project. My subject teachers were also of very supportive as they looked closely at the final version of the thesis for English style and grammar, correcting both and offering suggestions for improvement. Above all, I would like to thank my parents for their patience, love and support which enabled me to excel in my studies.

SAHIL PRASLA

EXECUTIVE SUMMERY
The World Bank is an international financial institution that provides loans[3] to developing countries for capital programs. The World Bank's official goal is the reduction of poverty. According to the World Bank's Articles of Agreement (as amended effective 16 February 1989), all of its decisions must be guided by a commitment to promote foreign investment, international trade, and facilitate capital investment.[4] The World Bank differs from the World Bank Group, in that the World Bank comprises only two institutions: the International Bank for Reconstruction and Development (IBRD) and theInternational Development Association (IDA), whereas the latter incorporates these two in addition to three more:[5] International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), and International Centre for Settlement of Investment Disputes (ICSID. Affiliated with the United Nations, the World Bank was formally established in 1946 to finance projects to spur the economic development of member nations, most notably those in Europe and the Third World. The bank has been strongly criticized by environmental and human rights groups in recent years for funding Third World projects that destroy rain forests, damage theenvironment, and harm villagers and indigenous peoples.

INDEX
SR 1. 2.. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. TOPIC PAGE NO 1-8 9-13 14-16 17-24 25 26 27-28 29-30 31-33 34-35 36-40 41-43 44 45-54 55 56

Introduction: what is world bank? Role of world bank History

Economic development in India and role of world bank. THE WORLD BANK GROUP MISSION Strategies

Millennium Development Goals (MDGs) FUNCTIONING OF WORLD BANK CHALLENGES OPERATIONS

OBJECTIVES OF THE TENTH Five- Year PLAN

World Bank Support to India

Case study

CHALLENGES FACED BY WORLD BANK

Conclusion

BIBLIOGRAPHY