https://www.brilliantacademyoflearning.com/cds-coaching-in-delhi.html 1.Present Managing Director of IMF(International Monetary Fund) is Bulgarian Economist Kristalina Georgieva. IMF was established in 1944 under Bretton Woods Conference. It's headquarter is in Washington DC. It helps member countries in managing balance of payment crisis. The three main functions of IMF is Surveillance, financial support in meeting balance of payment crisis and providing technical assistance to member countries.IMF provides advice in Policy formulation, capacity building and concessional financial support through the Poverty Reduction and Growth Trust (PRGT) which is currently interest free to developing countries. 2. First Deputy Managing Director of IMF is Indian American Gita Gopinath. 3. Previous World Bank President was David Malpass,an American Economist. Now the president of World Bank is Ajay Banga , Indian American and former CEO of Master Card . World Bank was established in 1944 under
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