World Trade organization  ( Security exchange Board of India ) https://youtu.be/Mx8qhohJDlA Merchant Banking https://youtu.be/cttSFXmnUAI History The World Bank was created at the 1944 Bretton Woods Conference along with the International Monetary Fund (IMF). The World Bank and the IMF are both based in Washington, D.C. and work closely with each other. The Gold Room at the Mount Washington Hotel where the International Monetary Fund and World Bank were established Although many countries were represented at the Bretton Woods Conference, the United States and United Kingdom were the most powerful in attendance and dominated the negotiations. The intention behind the founding of the World Bank was 1.) To provide temporary loans to low-income countries which were unable to obtain loans commercially. 2.) To beat up the situation like country depression and World war 1 & 2 Fast Fact 1.) President - David R. Malpass 2.) 1944 created or established 3.) 1945 started operation 4.) Part of World Group 5.) 189 member countries INTRODUCTION The World Bank is made up of 189 member countries. These member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank. Generally, the governors are member countrie's ministers of finance or ministers of development. They meet once a year at the Annual Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund. Key activity 1.) Eradicate Extreme poverty and hunger. 2.) Achieve Univesal Primary Education. 3.) Promote gender Equality. 4.) Reduce Child Morality. 5.) Improve Maternal Health. 6.) Combat HIV/Aids. 7.) Ensure Environmental Sustainability. 8.) develop a Global Partnership for development. What we Do The World Bank Group has set two goals for the world to achieve by 2030: 1.) End extreme poverty by decreasing the percentage of people living on less than $1.90 a day. 2.) Promote shared prosperity by fostering the income growth of the bottom 40% for every country The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development Function 1.) Advance Loan - Main function of world bank is to advance loan to member countries or to private entrepreneurs on the gurantee of their government. 2.) Provide technical assistance - The bank also provide technical assistance to member countries. It is of two kind. One related to development plans and other to study the economics, their analysis and provide suggestion to for improvment. Bank send its expert to member countries in order to provide them assisance. 3.) Settlement of international dispute - World Bank also acts as a mediator to settel international dispute. In 1960 Indo-pak river dispute could be settel only by the effort of World Bank. 4.) Provide Financial Assistance to world Welfare Institution - World bank provides financial assistance to UNESCO, World Health Organization, International Labour Organization ect. 5.) Conducts Economic Research - World Bank has been conducting economic research since 1978. For this purpose seprate devision has been set up and expert are hired from all over the world. 6.) Reconstruction and Development - World Bank provide captial to developing countries for Reconstruction and Development of their economies.