World Bank is the multinational financial and banking organization which is working for the elimination of poverty and doing corporate development in all countries of the world. It was established after the end of World War II. World Bank is a subsidiary of the World Bank Group. It has successfully initiated lot of the welfare programs. There are also many other organizations working with World Bank like International Monetary Fund, International Bank for Reconstruction and Development, International Finance Corporation and others etc. There are lot of functions for this global bank with doing research and gathering data about the economic circumstances prevailing in the countries. Some of the welfare are Eradicate Extreme Poverty and Hunger, Reduce Child Mortality and Ensure Environmental Sustainability.