A
The highest decision-making body comprising one governor appointed by each member nation
B
An executive committee appointed exclusively by the G7 nations to oversee loan audits
C
The permanent secretariat handling daily currency conversions and market bonds
D
A judicial tribunal responsible for resolving boundary disputes between borrowing countries
Correct answer: (a) The highest decision-making body comprising one governor appointed by each member nation
Explanation
Option A is correct because the Board of Governors is the highest decision-making body of multilateral banks, consisting of one governor appointed by each member country. Options B, C, and D are incorrect definitions.
Same topic · past papers
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