Question

in which year the world Bank was created ? Mention any one activity of world Bank.

Answer 1

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1944

Answer 2

World Bank was created in 1944 and the one Important activities of World Bank are financial and technical assistance.

Explanation:

• The World Bank is an global financial institution to provides loans  to the governments of poorer countries to pursue capital projects .

• It  was established at the 'Bretton Woods Conference' in 1944.

• It includes two types of institutions which are the International Bank  and the 'International Development Association'.

• It is a part of the Group of bank.

• The duties and activities of the World Bank include supporting war-torn countries with funds for restoration.

• They also have extensive experience and the bank's financial resources to help poor countries boost their economic growth.

• Reduce poverty and improve their standard of living

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