Question

UNESCO and WHO have together been termed as the Bretton Woods Twins. (True / False)

Answer 1

Answer:

FALSE

Explanation:

IMF AND WORLD BANK ARE TOGETHER TERMED AS THE BRETTON WOOODS TWINS.

Answer 2

The statement UNESCO and WHO have together been termed as the Bretton Woods Twins is False.

Explanation:

• 'IMF and World Bank' were set up later in the 2nd World War to assist the countries in financial matters. These 'two institutions' are together called the Bretton Wood sisters 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 infrastructure.