Answer – The headquarters of the World Bank is located in Washington, D.C., USA.
Explanation:
The World Bank is the largest source of financial assistance to developing countries. Founded in 1944 at the Bretton Woods Conference, the World Bank officially began operations in June 1946. It consists of five closely associated institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID).
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The primary mission of the World Bank is to reduce poverty and support development by providing financial and technical assistance to developing countries for development programs. The areas included for assistance are education, healthcare, infrastructure, climate change, and gender equality.
