IMF and World Bank were created through:

IMF and World Bank were created through:

  • (A) Yalta Conference
  • (B) New Deal
  • (C) Treaty of Versailles
  • (D) Breton Woods Agreement
The International Monetary Fund and the World Bank, which was originally called the International Bank for Reconstruction and Development, came into existence as a result of the Bretton Woods Conference held in July 1944 in New Hampshire. At the conference, delegates of 44 Allied countries met to discuss a new international monetary system, which would stabilize the world economy, increase international trade, and support the reconstruction of the world economy after World War II.
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Related MCQs:

 ‘NATO’ is an abbreviation of:

  • (A) North Atlantic Treaty Organization
  • (B) Non-Aligned Treaty Organization
  • (C) Non-Aligned Trading Organization
  • (D) North American Transport Organization

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