What is the Old name of World Bank?
Correct answer: B. International Bank for Reconstruction and Development
- A. International Bank for Development
- B. International Bank for Reconstruction and Development
- C. International Bank for Infrastructure and Development
- D. International Bank for Design and Development
Explanation
The World Bank's original institution was the International Bank for Reconstruction and Development, or IBRD, created at Bretton Woods. The modern World Bank Group also includes other institutions such as IDA.
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About International Organizations
International Organizations covers the purposes, headquarters, membership, structure and major functions of bodies such as the United Nations, WHO, UNESCO, IMF, World Bank, WTO, OIC, SAARC and NATO. It distinguishes their fields, such as health, finance, trade, security and regional cooperation, along with notable treaties and offices.
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