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Q.

When  does the world bank and international monetary fund was created ?

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a

At the end of the second world war

b

At the end of the first world war

c

During second world war  

d

None of these

answer is A.

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Detailed Solution

The World Bank and the International Monetary Funds were created at the end of the second world war. For developing countries, the World Bank is one of the largest sources of knowledge whereas the IMF  ensures the stability of the international monetary system, that is, the system of exchange rates and the payments which help the countries with the transaction.

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