Study the picture given below and answer the following question:

Match List - I with List - II.

Choose the correct answer from the options given below:

(A)-(II), (B)-(IV), (C)-(III), (D)-(I)

The correct answer is option (4) - (A)-(II), (B)-(IV), (C)-(III), (D)-(I)

The correct match is:

Explanation:

The International Monetary Fund (IMF) is an international organisation that oversees those financial institutions and regulations that act at the international level. The IMF has 190 member countries (as on 19 Febuary 2024) but they do not enjoy an equal say. The G-7 members US (16.52%), Japan (6.15%), Germany (5.32%), France (4.03%), UK (4.03%), Italy (3.02%) and Canada (2.22%) have 41.29% of the votes. China (6.09%), India (2.64%), Russia (2.59%) Brazil (2.22%) and Saudi Arabia (2.02%) are the other major members.

The World Trade Organisation (WTO) is an international organisation which sets the rules for global trade. This organisation was set up in 1995 as the successor to the General Agreement on Trade and Tariffs (GATT) created after the Second World War.

The World Bank was created during the Second World War in 1944. Its activities are focused on the developing countries. It works for human development (education, health), agriculture and rural development (irrigation, rural services), environment protection (pollution reduction, establishing and enforcing regulation), infrastructure (roads, urban regeneration, electricity) and governance (anti-corruption, development of legal institutions). It provides loans and grants to the member-countries. In this way, it exercises enormous influence on the economic policies of developing countries. It is often criticised for setting the economic agenda of the poorer nations, attaching stringent conditions to its loans and forcing free market reforms.

The International Atomic Energy Agency (IAEA) was established in 1957. It came into being to implement US President Dwight Eisenhower’s “Atoms for Peace” proposal. It seeks to promote the peaceful use of nuclear energy and to prevent its use for military purposes. IAEA teams regularly inspect nuclear facilities all over the world to ensure that civilian reactors are not being used for military purposes.