Which one of the following body is not associated to Bretton Woods i

1.	Which one of the following body is not associated to Bretton Woods institutions ?1. United Nations2. World Trade Organisation (WTO)3. International Monetary Fund (IMF)4. World Bank
Answer» Correct Answer - Option 1 : United Nations The correct answer is United Nations. The United Nations is not associated to Bretton Woods institutions. The Bretton Woods Institutions were set up at a meeting of 43 countries in Bretton Woods, New Hampshire, USA in July 1944. Their aims were to help rebuild the shattered post-war economy and to promote international economic cooperation. The goal of the meeting was to establish a framework for economic cooperation and development that would lead to a more stable and prosperous global economy. WTO, IMF, and World Bank are Bretton Woods institutions. Under the Bretton Woods System, gold was the basis for the U.S. dollar and other currencies were pegged to the U.S. dollar’s value. The Bretton Woods System effectively came to an end in the early 1970s when President Richard M. Nixon announced that the U.S. would no longer exchange gold for U.S. currency. The IMF and World Bank collaborate on a routine basis and at many levels to assist member countries, including joint participation in several initiatives.

Which one of the following body is not associated to Bretton Woods institutions ?1. United Nations2. World Trade Organisation (WTO)3. International Monetary Fund (IMF)4. World Bank

Answer» Correct Answer - Option 1 : United Nations

The correct answer is United Nations.

The United Nations is not associated to Bretton Woods institutions.
The Bretton Woods Institutions were set up at a meeting of 43 countries in Bretton Woods, New Hampshire, USA in July 1944.
Their aims were to help rebuild the shattered post-war economy and to promote international economic cooperation.
The goal of the meeting was to establish a framework for economic cooperation and development that would lead to a more stable and prosperous global economy.
WTO, IMF, and World Bank are Bretton Woods institutions.
Under the Bretton Woods System, gold was the basis for the U.S. dollar and other currencies were pegged to the U.S. dollar’s value.
The Bretton Woods System effectively came to an end in the early 1970s when President Richard M. Nixon announced that the U.S. would no longer exchange gold for U.S. currency.
The IMF and World Bank collaborate on a routine basis and at many levels to assist member countries, including joint participation in several initiatives.