Submitted by:Shariq Roll no.

35 PGDM(finance)
1

 The

world bank is an internationally supported bank that provides financial and technical assistance to developing countries for development programs with the stated goal of reducing poverty. Established :- July 1,1944 Headquarters :- Washington, DC Membership :- 185 countries President :- Robert B. Zoellick

 The World

Bank is like a cooperative. The number of shares a country has is based on the size of its economy. The United States is the largest single shareholder (16.4%of total votes), followed by Japan ( 7.9% ), Germany (4.5%), the United Kingdom(4.3%), and France(4.3%). The rest of the shares are divided among the other members. a result, the World Bank is controlled primarily by developed countries, while clients have almost exclusively been developing countries
4

As

 The

International Bank for Reconstruction and Development aims to reduce poverty in middle-income and creditworthy Poorer countries by promoting sustainable development through loans. It raises most of its funds on the world's financial markets by selling bonds.

 International

Development Association aims to reduce poverty by providing interest-free credits and grants for programs that boost economic growth, reduce inequalities and improve peoples living conditions.

 The

International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) They directly support private businesses investing in developing countries. India borrow 2,578$ million. IDA funded largely by contributions from the governments of its richer member countries. Additional funds come from IBRD's income and from borrowers' repayments of earlier IDA credits.

 The

president and the board of directors are nominated by of the US government. The President serves as chair of the Board of Directors. The president always selected from us citizen. The Board of Directors is made up of 24 Executive Directors, representing all member countries of the World Bank.
9

10

They have their own representative

Ian H. Solomon

United States Germany

Michael Hofmann Ambroise Fayolle

Nobumitsu Hayashi

France Japan
United Kingdom.

Stewart James
11

China
Saudi Arabia

Shaolin Yang

Abdulhamid Alkhalifa

Russian Federation

Eugene Miagkov

12

 Provide

assistance to developing countries Promote the economic development of the world poorer countries Finance the poorest developing countries whose per capita gnp is less than $865.

13

Build capacity Infrastructure creation Development of Financial Systems Combating corruption Research, Consultancy and Training

14

 Agriculture

Infrastructure Power Transport Water Urban Development Skills

15

 Competitive

source of finance for India. Interest rate: 0.75% p.a. Repayable over a period of 35 years. 10 Years grace period.5

16

17