Which of the following is NOT true about the International Finance Corporation (IFC)?Select one:a.IFC does not make its investments in partnership with the private investors from the capital exporting country.b.The minimum investment that the IFC will make in an enterprise is fixed at $10,000c.Rate of interest in each case would be a matter of negotiations depending on the riskd.None of the above.
Question
Which of the following is NOT true about the International Finance Corporation (IFC)?Select one:a.IFC does not make its investments in partnership with the private investors from the capital exporting country.b.The minimum investment that the IFC will make in an enterprise is fixed at $10,000c.Rate of interest in each case would be a matter of negotiations depending on the riskd.None of the above.
Solution
The correct answer is option b. The statement "The minimum investment that the IFC will make in an enterprise is fixed at $10,000" is NOT true about the International Finance Corporation (IFC).
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