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Question
Where is the headquarter of IBRD?
Options
Washington D.C., USA
Scotland
Brazil
India
MCQ
Solution
Washington D.C., USA
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, but it serves a separate and unique purpose. The company's headquarters are in Washington, D.C. The IBRD's present focus is on assisting developing countries, as most wealthy countries' economies have recovered swiftly.
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