Previous Year Question

The headquarters of the World Bank is located in Washington, D.C., USA. Its headquarters is situated at 1818 H Street, N.W., Washington, D.C.

The origin of the World Bank is associated with the Bretton Woods Conference of 1944. The framework for establishing the International Bank for Reconstruction and Development (IBRD) and the International Monetary Fund (IMF) was prepared at this conference.

The initial purpose of the World Bank was to assist in post-Second World War reconstruction, but its major focus later expanded to areas such as poverty reduction, development financing, infrastructure, education, health and sustainable development.

It is also useful to remember that both the World Bank and IMF are headquartered in Washington, D.C., whereas the United Nations is headquartered in New York.