4. WORLD BANK ASSOCIATES ESTABLISHMENT DATE AND
PRESENT MEMBERSHIP (2017)
• IBRD ( 1945 ) : 189
• IFC ( 1956 ) : 184
• IDA ( 1960 ) : 173
• MIGA ( 1988 ) : 181
• ICSID ( 1966 ) : 159
5. WORLD BANKS LENDING OPERATION
• Granting loans of its own fund
• Borrows loan from other banks and granting loan
• Raises fund from privet investors
BEFORE LOAN IS MADE BANK ENSURES THAT
• Borrowers ability to repay
• Loan must be meant for productive purpose
• Loan must be meant for reconstruction and
development
6. Functions of world bank (IBRD)
• Provides loan to the member countries
• Loan to the privet investors of member
countries
• Bank grants loan for the particular project
• Also provides technical services through its
associates
7. Board of directors
• The Boards of Directors consist of the World
Bank Group President and 25 Executive
Directors.
• The countries with most voting power are now
the United States (15.85%), Japan (6.84%),
china (4.42%), Germany (4.00%), the United
Kingdom (3.75%), France (3.75%), India
(2.91%)
9. World Bank and India
• India is the largest recipient of loan from
world bank
• India took $ 102.1 billion loan between 1945
to 2015 ( from IBRD $ 52.7 billion, 49.4 billion
from IDA )
