Which organisation is popularly called the “World Bank”?
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.
Sample Mock Tests for Practice
AIBE-XV-2021-I (BCI-JAN-2021-SET-C) (ALL INDIA BAR EXAM 2021-I)