GENERAL KNOWLEDGE

GK

WORLD ORGANISATIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following established as the Bretton Woods Conference in 1944?
A
IMF
B
ILO
C
WHO
D
UNDP
Explanation: 

Detailed explanation-1: -The Bretton Woods Conference, officially known as the United Nations Monetary and Financial Conference, was a gathering of delegates from 44 nations that met from July 1 to 22, 1944 in Bretton Woods, New Hampshire, to agree upon a series of new rules for the post-WWII international monetary system.

Detailed explanation-2: -II. The Bretton Woods Institutions-the IMF and World Bank-have an important role to play in making globalization work better. They were created in 1944 to help restore and sustain the benefits of global integration, by promoting international economic cooperation.

Detailed explanation-3: -JULY 1944 BRETTON WOODS CONFERENCE While the conference resulted in the formation of two institutions, the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (World Bank), the creation of the World Bank was not the primary focus.

There is 1 question to complete.