what is the purpose of having world bank

It is definitely good for 3rd generation countries, because they get money for their development and can come to the main stream of the developed countries. Developing countries like India get help for infrastructure development and whichs helps an individual in some or the other way.

This world body provides financial assistance to the member countries on a long term basis. Most of the underdeveloped and developing countries make use of this world bank funding. The world bank funding is mainly for infrastructure,health, education and drinking water projects.So I think it is good if we are using the provisions properly

I think it is good for the countries which are still growing and suffering from poverty. I have heard and read somewhere that world banks provide loans and credits to the countries depending on their commercial growth and help them to grow. Even India has taken a loan or credit from the world bank.

I don't know what you mean. Do you mean whether it is good for your country to have a world bank? If that is what you mean, my answer is that it depends on the class you belong to. If you are a successful business man, it is good for your country to have a world bank. With the assistance of a world bank, you could deal with your assets very efficiently. They could provide you with high quality service. If you are just an ordinary person, whether there is a world bank in your country is quite meaningless for you. The fees they charge you will be very high if you become their customer.

the main purpose of world bank is a source of fund and knowledge to support government of membet countries in their effor to invest in schools and health centers, provide water and electricity, fight diseases and protect the environment...

i dont know! :)

generally bank is for saving money and get some interest out if when it comes to world bank it will also be the same case there but i think there will be some limit to deposist or some currency be taken as standard may be dollars