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India approached the International Bank for Reconstruction and Development, popularly known as _________ and the International Monetary Fund for loans.
IDBI
World Bank
SBI
All of the above
- India approached the International Bank for Reconstruction and Development, which is widely known as the World Bank.
- Option 1: IDBI
- IDBI stands for Industrial Development Bank of India.
- IDBI is a national bank and not related to the World Bank.
- Option 2: World Bank
- This is another name for the International Bank for Reconstruction and Development.
- India has historically approached the World Bank for development loans.
- Option 3: SBI
- SBI stands for State Bank of India.
- It is a commercial bank in India, not connected to the World Bank or IMF in this context.
- Option 4: All of the above
- This is incorrect as both IDBI and SBI are unrelated in this context.
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