Explain The Membership of The World Bank


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Membership of the World Bank :

Any country that is member of IMF, is Ipso Facto member of the Bank. Those countries who accepted the membership of the Fund on 31st December 1945 were also treated the founder members of the World Bank. Countries becoming member of the Bank subsequent to the above date had to secure 2/3rd votes of the then existing members of the Bank. At present, 184 countries are members of the Bank. A member can withdraw at any time its membership by giving a written notice. If a country fails to observe the rules of the Bank, its membership can be terminated.

 

 

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We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

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