MCQs · Q3
Q.The World Bank and the International Monetary Fund (IMF) were both established at the:
(A) Geneva Conference
(B) Bretton Woods Conference
(C) Uruguay Round
(D) SAARC Summit
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Start your 14-day free trial to unlock the full solution →This question checks whether the student knows the shared founding event of the World Bank and the IMF.
Option (A) Geneva Conference is incorrect — Geneva is associated with the WTO's headquarters, not with the founding of the World Bank or IMF.
Option (B) Bretton Woods Conference is correct — both institutions were created in 1944 at this conference, held to design a stable post-war international monetary and financial system. …
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