BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following organisations releases “World Economic Outlook” Report?
A
Asian Development Bank
B
World Bank
C
International Monetary Fund
D
World Trade Organisation
Explanation: 

Detailed explanation-1: -World Economic Outlook is basically a survey conducted and published by the International Monetary Fund.

Detailed explanation-2: -A Survey by the IMF staff usually published twice a year. It presents IMF staff economists’ analyses of global economic developments during the near and medium term.

Detailed explanation-3: -As part of its World Economic and Financial Surveys, the IMF publishes flagship reports on multilateral surveillance twice a year: World Economic Outlook (WEO), Global Financial Stability Report (GFSR), and Fiscal Monitor (FM).

Detailed explanation-4: -The IMF projects global growth to fall from 3.4% in 2022 to 2.9% in 2023, and then rise to 3.1% in 2024. Inflation is peaking amid low growth.

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