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State PCS PYQPrelims 2025

UPPCS · Question 96

With reference to the World Bank and the International Monetary Fund, which of the following statements is/are correct? 1. The World Bank and International Monetary Fund were set up together and are popularly known as Bretton Woods Twins. 2. Headquarters of International Monetary Fund and World Bank are located at Washington D.C. and New York respectively. Select the correct answer using the code given below.

  1. Neither 1 nor 2
  2. Only 1
  3. Only 2
  4. Both 1 and 2
Show answer & explanation

Answer: (B) Only 1

Explanation

Both emerged from the 1944 Bretton Woods conference ('Bretton Woods twins'), and both are headquartered in Washington D.C.