"A large part of the developing world has not yet reaped the benefits of Globalization; many countries have continued to lose ground." The above statement is made by:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → International monetary fund
The statement, that a large part of the developing world has not yet reaped the benefits of globalisation, is attributed to the International Monetary Fund (IMF).
Note: The statement and the fact that it was made by the IMF are not given in any of the NCERT books – pre-rationalised, 2023-24, 2025-26 or 2026-27. The book only describes the IMF as an international organisation that oversees those financial institutions and regulations that act at the international level.
NCERT (2026-27): Contemporary World Politics — Chapter 4: International Organisations, box ‘IMF’
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