saketkandoi wrote:
Why there is no confusion here of what second "their" refers in correct answer? Their can possibly refer to both major shareholders and "World Bank &IMF"
For one big reason - it is not underlined.
So common sense will decide who 'their' is talking about in this context. Since 'major shareholders' are rich countries and we have a contrast here (meet the expectations vs neglected ...), the intended beneficiaries in the developing world would be the beneficiaries of World
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