CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which organization has launched a policy tracker to track the policies of the governments to share knowledge about COVID-19?
A
IMF
B
WHO
C
World Bank
D
GEF
Explanation: 

Detailed explanation-1: -Various measures were taken by the Central Ministries along with States/UTs in terms of strengthened community surveillance, quarantine facilities, isolation wards, adequate PPEs, trained manpower, rapid response teams for management of COVID- 19.

Detailed explanation-2: -The IMF has three critical missions: furthering international monetary cooperation, encouraging the expansion of trade and economic growth, and discouraging policies that would harm prosperity.

Detailed explanation-3: -The International Monetary Fund (IMF) and the World Bank are institutions in the United Nations system. They share the same goal of raising living standards in their member countries.

Detailed explanation-4: -Unlike development banks, the IMF does not lend for specific projects. Instead, the IMF provides financial support to countries hit by crises to create breathing room as they implement policies that restore economic stability and growth. It also provides precautionary financing to help prevent crises.

There is 1 question to complete.