Match List I with List II and select the correct answer using the codes given below the Lists: List I List II I. WTO A) Provides loans to address short-term balance of payment problems II. IDA B) Multi-lateral trade negotiation body III. IMF C) Sanction of soft loans IV. IBRD D) Facilitating lending’s and borrowings for reconstruction and development Codes:

The correct option is B because of the following roles assigned to each institution:

I. WTO matches with B: The World Trade Organization is the primary global body that handles the rules of trade between nations through multilateral trade negotiations.

II. IDA matches with C: The International Development Association is known as the soft loan window of the World Bank. It provides credits and grants to the poorest developing countries at zero or very low interest rates.

III. IMF matches with A: The International Monetary Fund specifically focuses on maintaining global monetary stability and provides loans to member countries facing balance of payment crises.

IV. IBRD matches with D: The International Bank for Reconstruction and Development, which is the main arm of the World Bank, focuses on providing loans for long term infrastructure, reconstruction, and development projects.

Therefore, the matching sequence I-B, II-C, III-A, IV-D is correct.