CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Christine Lagarde has resigned as the Managing Director of which International Financial body?
A
WB
B
IMF
C
ADB
D
IBRD
Explanation: 

Detailed explanation-1: -The former French cabinet minister, whose second term at the head of the IMF was scheduled to expire in 2021, said she would step down on September 12 as it is “the most likely date of my hearing before the Economic Commission of the European Parliament."

Detailed explanation-2: -Lagarde’s resignation, first reported by Reuters, came two weeks after her nomination on July 2 for the ECB’s top job. She did not immediately quit the IMF because of uncertainty over whether the new European Parliament would support her and other new EU leadership positions, sources told Reuters.

Detailed explanation-3: -Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Brian Christensen as the IMF’s Director of the Corporate Services and Facilities Department (CSF).

Detailed explanation-4: -Christine Lagarde, (born January 1, 1956, Paris, France), French lawyer and politician who was the first woman to serve as France’s finance minister (2007–11), as the managing director of the International Monetary Fund (IMF; 2011–19), and as president of the European Central Bank (2019– ).

Detailed explanation-5: -On July 5, 2011, Christine Lagarde became the eleventh Managing Director of the IMF, and the first woman to hold that position.

There is 1 question to complete.