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Q69 (NDA-I/2008) International Relations & Global Affairs › International Organisations & Groupings › International organisation headquarters Answer Verified

Where is the headquarters of the International Bank for Reconstruction and Development located?

Result
Your answer: —  Â·  Correct: B
Explanation

The International Bank for Reconstruction and Development (IBRD) is the founding institution of the World Bank Group, established in 1945 to assist in post-war reconstruction [c1][c2]. Its headquarters is located in Washington D.C., USA [c1][t3]. The IBRD, along with the International Development Association (IDA), forms the core of the World Bank, which provides financial and technical assistance to developing nations [t5]. Official records and publications consistently list the address as 1818 H Street NW, Washington DC [t3][t6][t8]. While other international organizations like the ILO and ITU are headquartered in Geneva [t1], and UNESCO is in Paris [t1], the major Bretton Woods institutions—the IBRD and the International Monetary Fund (IMF)—are both based in Washington D.C. [t1]. Currently, the IBRD has 189 member countries, including India as a founding member [c1][c2].

Sources

  1. [1] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Important Facts > p. 523
  2. [2] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > 18.14 Indian Economy > p. 524
  3. [3] https://www.un.org/en/about-us/un-system
  4. [4] https://documents1.worldbank.org/curated/en/853821543501252792/pdf/132579-PUB-Impact-of-School.pdf
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