Know About: World Bank

It is an international financial institution that provides loans & grants to the governments of middle-income countries for the purpose of pursuing capital projects.

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It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference.

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President: Ajay Banga.

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Founded: July 1944.

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Founders: John Maynard Keynes, Harry Dexter White.

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