IMF | MCQs

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 

Explanation

Explanation

Gita Gopinath is the first deputy managing director of the International Monetary Fund (IMF), since 21 January 2022.

Explanation

IMF: International Monetary Fund

IMF founded: 27 December 1945

IMF headquarters: Washington, USA

IMF total members: 190 (189 UN members 1 Kosovo)

IMF official language: English 

Explanation

IMF: International Monetary Fund

IMF founded: 27 December 1945

IMF headquarters: Washington, USA

IMF total members: 190 (189 UN members 1 Kosovo)

Explanation

IMF approved a deal that will provide a USD 3 billion support package to Egypt.

Approved in December 2022.

IMF: International Monitory Fund

Explanation

IMF approved a deal that will provide a USD 3 billion support package to Egypt.

Approved in December 2022.

IMF: International Monitory Fund

Explanation

IMF stands for International Monetary Fund.

Headquarters located in Washington.

IMF has recently released a report titled 'World Economic outlook'

Here contract means reduce.