The International Bank for reconstruction and development (IBRD) performs the following functions except?

A. granting long-term loans
B. assisting with technical expertise
C. reducing tariff among members
D. developing human resource

Correct Answer: Option C

C. reducing tariff among members

Explanation

The International Bank for reconstruction and development (IBRD), now known as The World Bank provides low-interest loans, interest-free credit, and grants. It focuses on improving education, health, and infrastructure. It also uses funds to modernize a country’s financial sector, agriculture, and natural resources management.