Economics · International Financial Institutions
With reference to the World Bank and the International Monetary Fund (IMF), which of the following statements is/are correct? 1. The World Bank and IMF were set up together and are popularly known as the 'Bretton Woods Twins'. 2. The headquarters of the International Monetary Fund and the World Bank are located in Washington, D.C. and New York respectively. Select the correct answer from the code given below:
- 1Only 2
- 2Neither 1 nor 2
- 3Both 1 and 2
- 4Only 1✓
Correct answer
Only 1
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