When was the World Bank created?
When was the World Bank created? Correct Answer 1944
The correct answer is 1944.
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).
Additional Information
Some important International Organizations and their Headquarters:
- World Economic Forum - Cologny, Switzerland
- UNESCO - Paris, France
- UNICEF - New York
- WHO - Geneva
- UNDP - New York
- SAARC - Kathmandu
- BRICS - Shanghai, China
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Feb 20, 2025