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Q: Which one of the following bodies are not Bretton Woods Institutions? (a) World Bank (b) International Monetary Fund (c) World Trade Organisation (d) United Nations Which one of the following bodies are not Bretton Woods Institutions?
  • A. World Bank
  • B. International Monetary Fund
  • C. World Trade Organisation
  • D. United Nations
Correct Answer: Option D - In July 1944, the Bretton Woods Conference was organized in Bretton Woods, New Hampshire United States under the guidance of Harry Dexter of the USA and John Maynard Keynes of England in which 44 countries participated. The purpose of this conference was to regulate the International monetary system financial disorder. After conference, global institutions such as International Monetary Fund (IMF), World Bank, World Trade Organization (WTO) were established.
D. In July 1944, the Bretton Woods Conference was organized in Bretton Woods, New Hampshire United States under the guidance of Harry Dexter of the USA and John Maynard Keynes of England in which 44 countries participated. The purpose of this conference was to regulate the International monetary system financial disorder. After conference, global institutions such as International Monetary Fund (IMF), World Bank, World Trade Organization (WTO) were established.

Explanations:

In July 1944, the Bretton Woods Conference was organized in Bretton Woods, New Hampshire United States under the guidance of Harry Dexter of the USA and John Maynard Keynes of England in which 44 countries participated. The purpose of this conference was to regulate the International monetary system financial disorder. After conference, global institutions such as International Monetary Fund (IMF), World Bank, World Trade Organization (WTO) were established.