Which organization provides financial and technical assistance for development projects?

• A. World Health Organization
• B. International Monetary Fund
• C. World Bank, providing financial and technical assistance for development projects
• D. African Union

Answer: (C)

When a development project needs both funding and practical expertise to get off the ground and run well, the organization that combines those supports is the World Bank. It provides financial resources—loans, credits, and sometimes grants—to fund big projects like roads, schools, water systems, and energy programs. At the same time, it offers technical assistance—experts, advisory services, project design help, procurement support, and monitoring—to help plan, implement, and evaluate the work effectively.

Other organizations tend to have more specialized roles: the World Health Organization focuses on health standards and disease control rather than financing large development projects; the International Monetary Fund concentrates on macroeconomic stability and short- to medium-term balance-of-payments support rather than financing specific development ventures; and the African Union is a regional political and economic body that coordinates member states but does not primarily provide the kind of project financing and technical services the World Bank offers.

So the organization that best fits the description of providing both financial and technical assistance for development projects is the World Bank.