2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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31 million
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21 million
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11 million
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51 million
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Detailed explanation-1: -Summary: After the strong rebound of 6.5 percent posted in 2021, growth in Asia and Pacific is expected to moderate to 4.0 percent in 2022 amid an uncertain global environment and rise to 4.3 percent in 2023. Inflation has risen above most central bank targets, but is expected to peak in late 2022.
Detailed explanation-2: -East Asia Pacific At-A-Glance An unfinished development and growth agenda remains for developing EAP, a region with a population of over 2.1 billion.
Detailed explanation-3: -UPSC Mains Q. Which institution released the ‘Braving the Storms: East Asia and Pacific Economic Update’ Report? Notes: The World Bank released the April 2022 update ‘Braving the Storms: East Asia and Pacific Economic Update’.
Detailed explanation-4: -Growth in developing East Asia and the Pacific outside of China is forecast to accelerate to 5.3% in 2022 from 2.6% in 2021, according to the World Bank’s East Asia and Pacific October 2022 Economic Update.