CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to the report titled “The COVID-19 Shock to Developing Countries:Towards a whatever it takes program”, which two countries will be safe from thr recession in 2020?
A
India and China
B
USA and India
C
India and Japan
D
USA and China
Explanation: 

Detailed explanation-1: -Other challenges that exacerbated the impact of COVID-19 on food security in LLDCs include climate change related drought, cyclones such as Idai, high level of informal economy, insufficient transport infrastructure, low level of overall digitalization, high levels of poverty, and limited economic diversification.

Detailed explanation-2: -In 2022, 80 of the 217 countries and territories tracked by World Bank qualified as High Income, while 137 qualified as developing economies/countries.

Detailed explanation-3: -Rooting out corruption, upholding human rights, and adherence to the rule of law are essential conditions for successful development. The health and education of their people. Investment in schools, health care, and immunization provide for healthy and educated citizens who become agents of development.

Detailed explanation-4: -The COVID-19 pandemic sent shock waves through the world economy and triggered the largest global economic crisis in more than a century. The crisis led to a dramatic increase in inequality within and across countries.

There is 1 question to complete.