CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
“South Asia Economic Focus, Fall 2019:Making (De) centralization Work”, has been released by which of the following organizations?
A
IMF
B
World Bank
C
WEF
D
BIS
Explanation: 

Detailed explanation-1: -Recently, the World Bank in its report South Asia Economic Focus (Bi- Annual) cut its economic growth forecast for India and the whole South Asian region.

Detailed explanation-2: -Size of the SAARC region has increased to around 7 percent of global GDP in PPP which more has more than doubled since 1980. However this growth in global share pales when compared to China which raised its global share to 16.5 in 2014 percent compared to 6 percent of India.

Detailed explanation-3: -The large country’s diverse economy encompasses traditional village farming, modern agriculture, handicrafts, and a wide range of modern industries.

There is 1 question to complete.