The major outcome of the Bretton Woods Conference was :
Establishment of IMF and IBRD
The United Nations Monetary and Financial Conference was held at Bretton Woods, New Hampshire (USA), in July 1944 to design the post-war international monetary order.
It produced two institutions, often called the Bretton Woods twins: the International Monetary Fund (IMF), to promote exchange-rate stability and help with balance of payments problems, and the International Bank for Reconstruction and Development (IBRD, the World Bank), to finance post-war reconstruction and development.
The International Finance Corporation (IFC) came later in 1956 as a World Bank affiliate, and the Asian Development Bank (ADB) was set up in 1966, so neither was an outcome of the conference.
Hence, the answer is Establishment of IMF and IBRD.
Similar Questions
Match the items in List-I with the items in List-II :
List-I List-II (a) Bretton woods conference (i) WTO (b) Soft loan window (ii) World Bank (c) Geneva (iii) IFC (d) Loan to private sector (iv) IDA Codes :
(a) (b) (c) (d)
Match the items given in List – I with the most appropriate items in List – II :
List – I List – II (a) UNCTAD (i) Foreign investment (b) WTO (ii) Developing Countries (c) TRIMS (iii) UNDP (d) ITC (iv) General Council Codes :
(a) (b) (c) (d)
Important Questions from International Economic institutions
When was WTO (World Trade Organization) established?
Match List I with List II:
List- I
Type of Agreement
List – II
(Explanation)
A.
NAMA
(I)
Liberation of International Investments
B.
GATTs
(II)
Includes industrial goods. textile. jewellery, fish and fisheries products and manufacturing industries
C.
TRIMs
(III)
Liberalisation of trade in goods and services
D.
TRIPs
(IV)
Provides monopoly power to owners of intellectual ‘property
Choose the correct answer from the options given below -which of the following is not an objective of IMF today?
- According to the IMF's April 2025 Global Financial Stability Report, how much did global stock returns decline on average during major geopolitical risk events?
Which of the following is NOT a book of original entry?
