UPSC Prelims 2008 · General Studies
Question 102: Economy and Social Development
How is the United Nations Monetary and Financial Conference wherein the agreements were signed to set up IBRD, GATT and IMF, commonly known?
AnswerThe answer is (b).
The United Nations Monetary and Financial Conference, held at Bretton Woods, New Hampshire, USA, in July 1944, set up the International Monetary Fund and the International Bank for Reconstruction and Development (World Bank). GATT followed in 1947 from separate talks, but the other names settle the question: Bandung (1955) was an Afro-Asian conference, Versailles (1919) ended the First World War and Yalta (1945) was a meeting of Allied leaders.
Why each option is right or wrong
- (a) The Bandung Conference of 1955 brought together Asian and African nations.
- (b) Bretton Woods created the IMF and the World Bank.
- (c) Versailles in 1919 settled the First World War.
- (d) Yalta in 1945 was a meeting of Allied leaders.
Explanation: written by UPSC Grade, not by UPSC.
Source: UPSC, Civil Services (Preliminary) Examination 2008, General Studies. UPSC's own paper isn't online; the words are from a published compilation. The paper on upsc.gov.in.