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Which arm of the World Bank Group provides interest-free loans and grants to the world's poorest countries?

A) IBRD
B) IFC
C) IDA
D) MIGA

Correct Answer: C) IDA

The International Development Association (IDA) is the part of the World Bank that helps the world's poorest countries. It provides zero to low-interest loans (known as 'credits') and grants for programs that boost economic growth and reduce poverty.

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