As of 30th November 2020, how many countries are members of the International Monetary Fund (IMF)?

Correct option is B

As of 30th November 2020, 190 members of the International Monetary Fund (IMF).
· International Monetary Fund headquarters is located at Washington D. C in the United States.
· It was founded in 1944.
· It is working to secure financial stability, facilitate international trade, promote high employment and economic growth and reduce poverty around the world.
· The IMF and the World Bank were created in July 1944 at an international conference in the United States (in Bretton Woods, New Hampshire) that established a framework for economic cooperation aimed at creating a more stable and prosperous global economy.
· The IMF focuses on macroeconomic and financial stability while the World Bank concentrates on long-term economic development and poverty reduction.