Arrange the following in the correct sequence:
1)      The Second World War

2)      The Great Depression

3)      The Chinese Revolution

4)      The IMF and the World Bank Commenced financial operations

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1,3,4,2

3,4,2,1

4,2,1,3

2,1,4,3

answer is D.

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Detailed Solution

1)      The Great Depression: The Great Depression of 1929 began with a fall in the New York Stock Exchange and continued to fall. This depression affected worldwide nations, including India.
2)      The Second World War was a global war between the Allied and Axis powers. The Allied Powers consisted of Great Britain, the United States of America, and the Soviet Union. Meanwhile, the Axis powers included Germany, Japan, and Italy.
3)      The IMF and the World Bank started financial operations: The main components of the International Financial system are the World Bank (Internationale for Reconstruction and Development) and IMF (International Monetary Fund). These institutions were set up in Bretton Woods, New Hampshire, USA. The functions of these institutions were to help rebuild the postwar period's destructured economy and promote international economic cooperation.
4)      The Chinese Revolution: The Chinese People's War of Liberation of 1949 was a period of social and political revolution in China.

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