Correct Answer – Option 2 : International Monetary Fund

The correct answer is the International Monetary Fund.

• The formation of the IMF was initiated in 1944 at the Bretton Woods Conference.
• IMF came into operation on 27th December 1945 and is today it is an international organization that consists of 189 member countries.
• Its Headquartered is in Washington, D.C.
• Purpose:
  • Promote international monetary co-operation, facilitate international trade, foster sustainable economic growth, and make resources available to members experiencing balance of payments difficulties.
  • The IMF’s fundamental mission is to ensure the stability of the international monetary system.
• Kristalina Georgieva currently serves as Managing Director of the International Monetary Fund.