Which among the following is the main criticism against the World Bank?
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → It sets the economic agenda of the poorer nations and forces economic reforms.
Option (1) It gives priority lending facilities to nuclear energy states. — Incorrect. The World Bank gives loans and grants to member-countries for human development, agriculture, environmental protection, infrastructure and governance; nuclear power plays no part in its lending.
Option (2) It sets the economic agenda of the poorer nations and forces economic reforms. — Correct. Through its loans the World Bank exercises enormous influence on the economic policies of developing countries, and it is criticised for setting the economic agenda of the poorer nations, attaching stringent conditions to its loans and forcing free market reforms.
Option (3) It ensures sanctions against misconduct of government authorities. — Incorrect. The World Bank gives loans and grants, including for governance work such as anti-corruption and legal institutions; it does not punish governments, and the criticism against it is the reverse: that it presses its own conditions on the borrowing countries.
Option (4) Its campaign to prevent the use of reactors for military purposes has been futile. — Incorrect. Stopping the military use of reactors is the task of the International Atomic Energy Agency (IAEA), whose teams inspect nuclear facilities to ensure that civilian reactors are not used for military purposes. It has nothing to do with the World Bank.
NCERT: Contemporary World Politics — Chapter 4: International Organisations (2025-26)
World Bank |
