Question

The IBRD, known as the World Bank, came into force on ______?

Options

• July 1, 1944

• July 7, 1945

• Aug 1, 1944

• Aug 9, 1945

Answer 1

The IBRD, known as the World Bank, came into force on July 1, 1944

Explanation:

The IBRD, sometimes known as the World Bank, was established during the Bretton Woods Conference on July 1, 1944. It is a sister organisation to the IMF, although it serves a different purpose.