BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one of the following institutions publish the report of ‘World Economic Outlook’?
A
IMF
B
World Bank
C
RBI
D
UNCTAD
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: -World Economic Outlook is a report published by the International Monetary Fund twice a year.

Detailed explanation-4: -Global growth is projected to slow from an estimated 6.1 percent in 2021 to 3.6 percent in 2022 and 2023. This is 0.8 and 0.2 percentage points lower for 2022 and 2023 than projected in January. Beyond 2023, global growth is forecast to decline to about 3.3 percent over the medium term.

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