BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

According to the latest World Development Indicators (WDI) data, public spending on health and education in India is ____percent of country’s GDP. Fill the blank with correct option?

A	8.5
B	4.7
C	7
D	8.9

Explanation:

Detailed explanation-1: -Economic indicators include measures of macroeconomic performance (gross domestic product [GDP], consumption, investment, and international trade) and stability (central government budgets, prices, the money supply, and the balance of payments).

Detailed explanation-2: -People: Indicators on a range of topics that together build a portrait of societal progress across the world. They cover education, health, nutrition, mortality, and, jobs and unemployment, social protection, demographics, migration, and gender.

Detailed explanation-3: -World Development Indicators (WDI) is the World Bank’s premier compilation of cross-country comparable data on development. The World Development Indicators is a compilation of relevant, high-quality, and internationally comparable statistics about global development and the fight against poverty.

There is 1 question to complete.