Question

When was the IMF established?

• A. 1940
• B. 1942
• C. 1945
• D. 1944

Hint:

The IMF plays a crucial role in stabilizing the global economy by providing financial support to countries in need and ensuring the stability of the international monetary system.

Answer 1

The Correct Option is C

The International Monetary Fund (IMF) was established in 1944 during the Bretton Woods Conference. It came into existence in 1945 with the goal of promoting international monetary cooperation and securing financial stability globally.