Question

Which of the following is popularly known as World Bank?

• A. International Monetary Fund-
• B. World Irade Organisation
• C. International Bank for Reconstruction and Development
• D. Asian Development Bank

Answer 1

Answer:

C. International Bank for Reconstruction and Development

• Established in 1944 at the Bretton Woods Conference

• Headquarters: Washington, D.C.

• Part of the World Bank Group

• Purpose: Provides loans and financial assistance for reconstruction and development of member countries.