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    Mathematics
    Grade9
    Easy

    Question

    Multilateral development banks (MDBs) are international financial institutions established by a group of countries that provide financial services and professional advice in order to further economic development. MDBs generally receive donations from developed nations, often labelled foreign aid. They lend money to developing nations in the form of very long term loans below the market rate of interest and through grants.
    Taking each line in the argument to be true, which statement must be demonstrably false?

    1. Developing nations will eventually pay back their loans.    
    2. Loans from MDBs are below the market rate of interest.    
    3. MDBs lend money as typically short-term loans.    
    4. MDBs are established as international ventures.    

    hintHint:

    Reasoning is drawing conclusions using statements and pictures. There are two types of reasonings they are deductive and inductive. In deductive reasoning we use facts, definitions and postulates to draw a conclusion. There are two laws under deductive reasoning they are Law of Detachment and Law of Syllogism. Here, we have to determine whether the drawn conclusion in the question is correct or not.

    The correct answer is: MDBs lend money as typically short-term loans.

      In the question there are some statements using which we have to find which of the statements is false assuming rest of the statements as true.
      Here, we have to determine whether the drawn conclusion is true or false.
      From the given statements we can say that,
      a. Line 3 states that MDBs lend money at 'very-long term loans'.
      Therefore, this statement is demonstrably false.

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