BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Where is the headquarters of World Bank?
A
Washington, DC
B
New York
C
Paris
D
Vienna
Explanation: 

Detailed explanation-1: -1818 H Street, N.W., Mail Stop MC 13-1302, Washington, DC 20433 U.S.A.

Detailed explanation-2: -It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C. in the United States. It provided around $98.83 billion in loans and assistance to “developing” and transition countries in the 2021 fiscal year.

Detailed explanation-3: -The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American. The World Bank and the IMF are both based in Washington, D.C., and work closely with each other.

Detailed explanation-4: -World Bank headquarters is on H Street in Washington, D.C., but the organization has 120 regional offices around the globe.

There is 1 question to complete.