Question

Which institution among the following is a Bretton Woods Institution?

• A. International Monetary Fund (IMF)
• B. World Economic Forum
• C. Organisation of Economic Cooperation and Development
• D. World Trade Organisation

Hint:

Remember Bretton Woods institutions as IMF and World Bank, formed to rebuild the world economy post-WWII.

Answer 1

The Correct Option is A

Step 1: Bretton Woods Institutions
After World War II, the Bretton Woods Conference (1944) led to the creation of two main financial institutions:
- The International Monetary Fund (IMF)
- The World Bank
Step 2: About IMF
IMF provides financial support and policy advice to member countries to stabilize economies and facilitate international trade.
Step 3: Other options
- World Economic Forum is a non-governmental organization.
- Organisation for Economic Cooperation and Development (OECD) is an economic group but not a Bretton Woods institution.
- World Trade Organisation (WTO) regulates global trade but was established later in 1995.
Thus, Option (A) IMF is correct.