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Question

Which of the following organizations was not set up during Bretton Woods conference ?

A
International Monetary Fund
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B
International Bank for Reconstruction and Development
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C
World Bank
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D
American Express Bank
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Solution

The correct option is D American Express Bank
  • 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.
  • As a result of the meeting, the International Monetary Fund(IMF), World Bank (International Bank for Reconstruction and Development) were formed.

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