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Difference between IMF and world bank

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Difference between IMF and world bank

    • Posted by Ramkrishna Tiwari 6 years, 8 months ago

    CBSE > Class 10 > Social Science
    • 1 answers

    Yogita Ingle 6 years, 8 months ago

    IMF World Bank
    An international organization maintaining the global monetary system is the International Monetary Fund. A global organization established to finance and advice the developing nations, in order to make them economically developed is World Bank.
    It is a single organization with four credit lines. It has two major institutions, namely International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).
    Membership of 188 countries Membership of IBRD - 188 countries
    IDA - 172 countries

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