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World Bank provides long-run capital to member countries for economic reconstruction and development. World Bank provides capital mainly for the following purposes:

1. To rehabilitate war ruined economics.

2. To finance productive efforts according to peacetime requirements.

3. To develop resources and production facilities in underdeveloped countries.

Choose the correct statements:

A)  Only 1 and 2    

B)  Only 2 and 3

C)  Only 1 and 3    

D)  All 1, 2 and 3