Consider the following statements:
1. President of World Bank is always been U.S. citizen and nominated by U.S.
2. President of the World Bank is the president of the entire World Bank Group.
3. Managing Director of IMF always been a European
Select the correct option from the codes given below:

Answer: [D] 1, 2, & 3

Traditionally, the President of the Bank has always been a US citizen nominated by the United States. The President of the Bank is the president of the entire World Bank Group. The Managing Director of the International Monetary Fund having always been a European.

This question is a part of GKToday's Integrated IAS General Studies Module