Question: When was the World Bank created?
Options:
1942
1943
1944
1945
🔑Key Points:
World Bank was created in July 1944.
The Headquarters of the World Bank is in Washington, D.C., United States.
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.
It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA).​
World Bank was created in July 1944.
The Headquarters of the World Bank is in Washington, D.C., United States.
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.
It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA).​
🔴Additional Information:
• Some important International Organizations and their Headquarters:
World Economic Forum –Â Cologny, Switzerland
UNESCO –Â Paris, France
UNICEF – New York
WHO – GenevaÂ
UNDP – New York
SAARC –Â Kathmandu
BRICS –Â Shanghai, China