The International Monetary Fund (IMF) and the World Bank are two prominent international financial institutions, both established at the Bretton Woods Conference in 1944.
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World Bank
India holds the status of being a founding member of the World Bank (WB), having played a pivotal role in its establishment. The relationship between India and the WB
the International Development Association (IDA), collectively constitute the World Bank. Both entities share leadership and staff within the World Bank Group, which includes five institutions.
In the World Development Indicators, all 189 World Bank member countries, alongside 28 others with populations exceeding 30,000, are categorized by income level and geographic region for presenting key statistics.…
