What does OPIC stand for?

Review the verified answer and explanation for this GHQ Army Selection & Recruitment Directorate (Civilian Personnel Wing) past-paper question on CampusFin.

What does OPIC stand for? Answer: Overseas Private Investment Corporation

OPIC stands for Overseas Private Investment Corporation, a former U.S. government development-finance institution that supported private investment in developing countries through financing and political-risk insurance. OPIC was later merged into the U.S. International Development Finance Corporation (DFC).

Question context

This question is part of 🌍 Current Affairs within the broader 🌐 Current Affairs & GK subject and appears in the GHQ Army Selection & Recruitment Directorate (Civilian Personnel Wing) preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.