Quantrex Quantrex AcademyJEE · NEET · NDA PYQs with solutions Open app
NDA2025General AbilityGeneral StudiesActual

With which of the following was the Bretton Woods System NOT associated

Options

  1. AInternational Monetary Fund
  2. BEconomic recovery after the Second World War
  3. CInternational Bank for Reconstruction and Development
  4. DEstablishment of a monetary system based on floating exchange rate

Correct answer

D. Establishment of a monetary system based on floating exchange rate

Step-by-step solution

The Bretton Woods System was established in 1944 to rebuild the international economic system after the Second World War. It led to the creation of two major international institutions: the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD, now part of the World Bank). The system was based on fixed exchange rates, where currencies were pegged to the US dollar, which was in turn pegged to gold. It did not establish a monetary system based on floating exchange rates

Practice General Studies on Quantrex Academy →

More from General Studies

Consider the following statements regarding extratropical cyclones: I. They usually develop in the mid and high latitudes. II. They affect a much larger area as compared to tropica 2026Loose sediments are transformed into sedimentary rocks by the process of 2026Consider the following statements: I. Earthquake waves are basically of two types, namely body waves and surface waves. II. The body waves interact with the surface rocks and gener 2026Which one of the following is not a strategy in the Rainfed Area Development (RAD) scheme of India? 2026As per the land-use categories in the Land Revenue Records of India, 'a cultivable land which is left uncultivated for more than a year but less than 5 years' is called 2026Consider the following statements about temperature inversion: I. This happens when normal lapse rate gets inverted. II. Winter nights with cloudy skies are conducive for temperatu 2026Consider the following pairs: Types of Chemical Weathering Characteristics I. Solution Results in leaching of minerals II. Carbonation Helps in breaking down feldspars III. Hydrati 2026Consider the following statements: I. In a seismograph, P waves are recorded earlier than S waves. II. In P waves, the individual particles vibrate to and fro in the direction of w 2026 Full General Studies list All NDA PYQs