Exam Target Daily Current Affairs:

◾️Founded : 1944
◾️Headquarters : Washington DC.
◾️President : David Malpass.
◾️MD&CFO : Anshula Kant.
◾️Chief Economist : Carman Reinhart.
◾️Executive Director : Rajesh Khullar.
◾️Member Countries :189.

World Bank Group : 5 (IBRD, IDA, IFC, MIGA and ICSID).

All of these efforts support the Bank Group’s twin goals of ending extreme poverty by 2030 and boosting shared prosperity of the poorest 40% of the population in all countries.

World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF).

➢ India is a member of IBRD, IFC, IDA and MIGA. The country is not a member of the ICSID.
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