Correct option is B
The correct answer is (2) (a) and (d).
Explanation:
● The IMF (International Monetary Fund) and the IBRD (now part of the World Bank) are known as the Bretton Woods Institutions.
● They were established following the Bretton Woods Conference in 1944.
● These organizations were created to help rebuild the postwar economy and promote international economic cooperation.
Information Booster:
● Both institutions are headquartered in Washington, D.C.
● The World Trade Organization (WTO) is not a Bretton Woods institution; it was established in 1995 as a successor to GATT.
Additional Knowledge:
● International Labour Organisation (ILO) – Established in
● IBRD stands for International Bank for Reconstruction and Development.