Which organisation is popularly called the “World Bank”?

Option A: International Monetary Fund

Option B: International Bank for Reconstruction and Development

Option C: International Development Agency

Option D: International Financial Corporation

Correct Answer

Option: b

Explanation

The International Bank for Reconstruction and Development (IBRD) and International Monetary Fund (IMF) were established by delegates at the Bretton Woods conference in 1944 and became operational in 1946.

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