(a) The World Bank
has to affiliates, the International
Development
Association and the International Finance
Corporation.
(b) The membership
of the IMF is the principal condition
for membership of
the World Bank.
(c) The World Bank provides loans to such countries whose
balance of payments condition is not favourable
(d) The World Bank
finance all kinds of capital
infrastructure
such as roads and railways,
telecommunications,
seaports and power facilities in the
developing
countries.