Question : Which among the following is not a Bretton Woods Institution?
Option 1: None of these
Option 2: International Monetary Fund (IMF)
Option 3: World Bank
Option 4: Organisation of Economic Cooperation and Development (OECD)
Correct Answer: Organisation of Economic Cooperation and Development (OECD)
Solution : The correct option is - Organisation of Economic Cooperation and Development (OECD).
The World Bank and the International Monetary Fund (IMF) are the Bretton Woods Institutions. They were established in July 1944 at a gathering of 43 nations in Bretton Woods, New Hampshire, in the United States. The governments of 38 countries engage in the Organization for Economic Co-operation and Development (OECD), which was founded in 1961, to create policy standards to support sustainable economic growth.
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