World bank and IMF were established in the year _________.
A
1941
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B
1944
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C
1947
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D
1950
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Solution
The correct option is B 1944
Known collectively 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.