A. 1st July 1944
B. 27 December 1946
C. 27 December 1946
D. 27 December 1947
The International Monetary Fund (IMF) was founded on July 1, 1944 at an international conference in Bretton Woods, New Hampshire:
Purpose:
To promote international monetary cooperation, facilitate international trade, and foster sustainable economic growth
Establishment:
44 member countries established the IMF after the Great Depression of the 1930s
Headquarters:
Located at 700 19th Street NW, Washington, D.C.
Membership:
191 member countries, each represented on the group’s board based on their financial position in the world.
The IMF’s Articles of Agreement were adopted at the Bretton Woods conference and entered into force on December 27, 1945 after ratification by 29 countries. The IMF’s financial operations began the following year.
The IMF is a specialized agency of the United Nations system. It works with the World Bank to:
- Create a more stable and prosperous global economy
- Restore and sustain the benefits of global integration
- Make globalization work better
Also check: When did the IMF start functioning ?
The correct answer to the question: "The International Monetary Fund (IMF) was founded on __________ ." is "1st July 1944".
14 Comments
Its 1944 not 1945
Founded in 1945 plz correct it
1944 is correct answer
Date of entry into force is 1945 27 dec , founded in 1944
1944
correct date of IMF. It founded in July 1944 not in dec 1945
Its 1944.. Please correct.
1944 is right option.
1944 is right option sir.
The IMF was established in July 1944 in the aftermath of the Great Depression of the 1930s. source: IMF website
Right answer is 1944
1944
IMF was founded/established in JULY 1944
Google show that IMF founded in July,1944.
July 1944