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Question
Which of the following groups of international institutions are also known, as 'Bretton Woods Sisters'?
Options
United Nations and Bank of International Settlement
IMF and World Bank Group
IMF and WTO
IMF, IBRD and International Trade Organisation
MCQ
Solution
IMF and World Bank Group
Explanation:
The Bretton Woods Institutions (or Bretton Woods Sisters) is the collective name for the World Bank Group and the International Monetary Fund. Their financial institutions were established at Bretton Woods, New Hampshire, United States, and thus the sobriquet.
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Economic Current Affair (Entrance Exam)
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