World Bank Group recognized in
A. 1940
B. 1945
C. 1944
D. 1947
Answer: Option C
Solution (By Examveda Team)
World Bank Group recognized in 1944. Founded in 1944, the International Bank for Reconstruction and Development soon called the World Bank has expanded to a closely associated group of five development institutions. Originally, its loans helped rebuild countries devastated by World War II.Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization

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