Which bank was established in 1991 to encourage reconstruction and development in the eastern and central European countries?
A) the Eximbank
B) the Bank of America
C) the European Bank for Reconstruction and Development
D) the Inter-American Development Bank
E) the International Monetary Fund

Question

Quizplus · Accepted Answer

The European Bank for Reconstruction and Development (EBRD) was established in 1991 to support the reconstruction and development of the central and eastern European countries. The other options, such as Eximbank, Bank of America, Inter-American Development Bank, and International Monetary Fund, focus on different regions or purposes.

Which Bank Was Established in 1991 to Encourage Reconstruction and Development