2020
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
According to World bank ‘South Asia Economic Focus’ report COVID-19 will hit South Asia very hard, likely to wipe out gains made in poverty alleviation. When was World Bank formed?
|
July 1943
|
|
July 1946
|
|
July 1944
|
|
July 1945
|
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: -Growth is projected to average 5.8 percent in 2022 - a downward revision of 1 percentage point from the forecast made in June. This follows growth of 7.8 percent in 2021, when most countries were rebounding from the pandemic slump.
Detailed explanation-3: -Economy in South Asia The Maldives and Bhutan were among the countries with the lowest GDP in the Asia-Pacific region. In South Asia, the main economic activities include the services sector as well as the industrial and manufacturing sectors.
There is 1 question to complete.