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International Monetary Fund

After World War II International Monetary Fund is the second International Organisation.

International Monetary Fund is a financial institution.


IMF
Headquarter:  Washington DC


Managing Director: Kristalina Georgieva


Member:  190 member


Official language: English


Parent organization: United Nations


After the Great Depression of 1930, the International Monetary Fund was established in 1944.

France was the first country to borrow from IMF.


Purpose: International Monetary Fund do three main functions follow -

 *Surveillance

*Financial assistance

*Technical assistance


History: The International Monetary Fund officially came into existence in 1945 with 29 member countries.

The IMF was created in 1944 at the Bretton Woods conference to rebuild Europe after World War II.


United Nations (UN)


United Nations International Organization was established on 24th October 1945.

United Nations' previous name was The League Of Nations.

League Of Nations was established by the treaty of Versailles in 1919 and disbanded in 1946.

United Nations

Head Quarter: New York City

Regional offices: Geneva, Vienna, Nairobi

Official Language: Arabic, Chinese, English, French, Russian, and Spanish.

Member: 193 (last member – South Sudan in July 2011)

Original Member:  51

     At first 50 countries were gathered in San Francisco and signed in a document called ‘UN Charter’ in 1945. Poland signed in it later.

*   The name United Nations have given by that time US President Franklin D. Roosevelt, on 1st January 1942 during World War II.

Purpose :

1.     To maintain International peace and security.

2.     To develop Economic, Social Development, and Human rights.

History :

United Nations was established after World War II when nations were in a tight corner and nations wanted peace.

United Nations Principal Organs: The United Nations has six main organs.

·        General Assembly

·        Economic and Social Council

·        Security Council

·        International Court Of Justice

·        Trusteeship Council

·        The Secretariat.