Multiple choice general knowledge

Consider the following: 1. International Monetary Fund 2. Word Bank 3. World Trade Organization4. US Treasury Department 5. US Federal Bank Which among the above institutions were a part of Washington Consensus?

  1. 1 & 3

  2. 2 , 3 & 4

  3. 1, 2 & 4

  4. 1,2,3 & 4
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Washington Consensus was formulated by the International Monetary Fund (1), World Bank (2), and US Treasury Department (4). These three institutions developed and promoted the set of economic policy recommendations in 1989. The US Federal Bank (5) and WTO (3, established in 1995) were not part of its original formation.

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