WAEC - Commerce (2009 - No. 39)
One of the main objectives of International Bank for Reconstruction and Development(IBRD) is to
settle interbank indebtedness
lend to poor countries
oversee the activities of banks abroad
encourage trade liberalization
Explication
The major responsibility of the International Bank for Reconstruction and Development(IBRD) otherwise known as the world is to lend financial aid to poor countries that are torn by war and insecurity for developmental purposes.