IMF and World Bank collectively called-
IMF and World Bank collectively called-
Explanation
IMF and WB are known as the Bretton Woods Institutions after the remote village in New Hampshire, U.S.A., where they were founded by the delegates of 44 nations in July 1944
The Bank and the IMF are twin intergovernmental pillars supporting the structure of the world's economic and financial order.
World Bank:
World Bank established: July 1944
World Bank was established during: the Bretton Woods Conference
World Bank Members: 189
World Bank's aim: to provide loans and grants for various projects
World Bank headquarters: Washington, USA
IMF:
The International Monetary Fund (IMF) is a major financial agency of the United Nations and an international financial institution
IMF founded: 27 December 1945
IMF headquarters: Washington, USA
IMF total members: 190
IMF official language: English
NA21-8-2023