Subject - Economic and Social Development
Chapter - Bretton Woods Institutions and Others

1. Consider the following statements about Bretton Woods Conference.

1. World Bank & IMF are the outcomes of Bretton woods conference.
    
2. IMF & world Bank are known as the Bretton woods twins.
    
3. Bretton woods is situated in Britain.

Which of the above statements is / are true.

1. All of the above
2. 1 & 2
3. 1 & 3
4. 1 only

2. Consider the following statements about SDR.

1. SDR is an international reserve asset, created by World Bank.
    
2. Its value is based on a basket of four key currencies.
    
3. Holders of SDRs can obtain there currencies in exchange for their SDRs.

Which of the above statements is / are true.

1. 2 & 3
2. 3 only
3. 1 & 3
4. 1 & 2

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