BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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

Global Financial Development Report provides an update on the state of public and private credit reporting. The report is published by which of the following institutions?

A	Niti Aayog
B	World Bank
C	IMF
D	WHO

Explanation:

Detailed explanation-1: -The World Bank’s World Development Report, published annually since 1978, is an invaluable guide to the economic, social, and environmental state of the world today.

Detailed explanation-2: -Policy Research Reports (PRRs) The World Bank’s Policy Research Report series brings to a broad audience the results of World Bank research on development policy. The reports are designed to contribute to the debate on appropriate public policies for developing economies.

Detailed explanation-3: -Specifically, it includes measures of (1) depth, (2) access, (3) efficiency, and (4) stability of financial systems. Each of these characteristics is captured both for (1) financial institutions (for example banks and insurance companies), and (2) financial markets (such as stock markets and bond markets).

There is 1 question to complete.