Question

The World Bank is overseen by _____ executive directors from the five permanent nations of __________ and the remaining elected by all member nations.​ Group of answer choices ​19; Spain, Portugal, Italy, Ireland, Greece, and Japan ​24; France, Germany, Great Britain, Japan, and the United States ​19; France, Germany, Great Britain, China, and the United States ​24; France, Germany, Great Britain, Japan, and China

Answer 1

24: France, Germany, Great Britain, Japan, and the United States

Step-by-step explanation:

There are four separate board of directors for the four agencies of world bank. Each board oversees the operations of their respective organisations. The directors cannot represent bank or exercise power unless authorised by the Board of Directors. Currently there are 25 directors.

The executive directors choose the World Bank President. World bank president serves as the chairman of the Board of Directors. He is the presiding officer and doesn't have any vote except the deciding vote in case there is no agreement.

The first board had 12 executive directors as per the provisions of IBRD Articles. Out of 12 members seven were elected and five were appointed. Due to increase in the membership of the bank in 1992, the number of Executive Directors also increased to 19. The last increase in its number of Executive Directors took place in November 2010 when an additional chair for sub-Saharan Africa was added and with it the the Boards had 25 chairs.