Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
1.0k views
in History by (52.4k points)
closed by

Which institutions were known as ‘Bretton Woods twins’?

1 Answer

+1 vote
by (52.6k points)
selected by
 
Best answer

International Monetary Fund (IMF) and World Bank.

Explanation: IMF and World Bank were set up after the Second World War to assist the countries in financial matters. These 2 institutions are together called the Bretton Wood twins or Bretton Woods Institutions. IMF overlooked the economic conditions of the member countries and offered financial advice. World Banks offered loans to such countries for the development of its economic and social infrastructures.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...