1.

Justify the following statement :World Bank plays vital role in social development.

Answer»

1. The World Bank work with governments, communities, civil societies, private sectors and the marginalized for the cause of social development. 

2. Social development promotes economic growth and leads to higher quality of life. 

3. The World Bank work on social development, brings voices of the poor and vulnerable into development process. 

4. World Bank is also undertaking timely social risk analysis, including poverty and social impact analysis, 

5. Thus, World Bank plays a vital role in social development.



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