GS-2 · Effect of Policies and Politics of Developed and Developing Countries on India’s interests, Indian Diaspora.
201310 marksQ12. Bilateral, Regional and Global Groupings and Agreements involving India and/or affecting India’s interests. Bretton Woods (World Bank vs IMF)
1. Important International institutions, agencies, for a (structure, mandate) The World Bank and the IMF, collectively known as the Bretton Woods Institutions, are the two inter-governmental pillars supporting the structure of the world’s economic and financial order. Superficially, the World Bank and the IMF exhibit many common characteristics, yet their role, functions and mandate are distinctly different. Elucidate.