-
Which of the following is not a part of world Bank?
-
- IMF
- IBRD
- MIGA
- IDA
Correct Option: A
International Monetary Fund is not a part of World Bank. The International Monetary Fund (IMF) along with World Bank were created in 1944 at the Bretton Woods Conference. They are known as Bretton Woods Twins. The IMF promotes international monetary cooperation and exchange rate stability, facilitates the balanced growth of international trade.