The objective of establishing the World Bank was to
A) revive the gold standard.
B) promote general economic development.
C) control and manage the International Monetary Fund.
D) promote a floating exchange rate system.
E) approve large currency devaluations.

Question

Quizplus · Accepted Answer

The World Bank was established to promote general economic development, particularly in war-torn and developing countries, by providing financial and technical assistance.

The Objective of Establishing the World Bank Was to