The World Bank is headquartered in Washington D.C., U.S.A. (not in New York). The Bank Group’s twin goals are to end extreme poverty by 2030 and boost shared prosperity of the poorest 40 percent of the population in all the countries. The World Bank Group is an extended family of five international organisations: ∘ International Bank forReconstruction and Development (IBRD) ∘ International Development Association (IDA) ∘ International Finance Corporation (IFC) ∘ Multilateral Investment Guarantee Agency (MIGA) ∘ International Centre for Settlement of InvestmentDisputes (ICSID). The first two are sometimes collectively (and confusingly) referred to as the World Bank. So, all the statements except the firstone are correct.