Question
Where is the oldest continuously functioning World Bank country office?
Answer: Option A
Answer: (a)
India was among the 17 founding fathers who took part in the 1944 Bretton Woods conference which conceived the idea of the International Bank for Reconstruction and Development (IBRD) – commonly known as the “World Bank”.
The Bank’s New Delhi office, established in 1957, is the oldest continuously functioning World Bank country office. India, together with 184 other countries, owns the World Bank which is a cooperative of member nations.
All member countries are represented on the Bank’s Board, which holds the ultimate decision making power at the Bank.
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Answer: (a)
India was among the 17 founding fathers who took part in the 1944 Bretton Woods conference which conceived the idea of the International Bank for Reconstruction and Development (IBRD) – commonly known as the “World Bank”.
The Bank’s New Delhi office, established in 1957, is the oldest continuously functioning World Bank country office. India, together with 184 other countries, owns the World Bank which is a cooperative of member nations.
All member countries are represented on the Bank’s Board, which holds the ultimate decision making power at the Bank.
Was this answer helpful ?
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