Multiple choice

In which year was the World Bank Group (WBG), a family of five international organisations, that make leveraged loans to developing countries formed?

  1. 1940

  2. 1951

  3. 1956

  4. 1945

  5. 1959

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The World Bank Group was established in 1945 along with the International Monetary Fund at the Bretton Woods Conference. Both institutions were created to help rebuild Europe after World War II and promote global economic stability.