2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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World Bank
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IMF
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AIIIB
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ADB
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Detailed explanation-1: -The World Bank will work on anew approach to assessing countries’ business and investment climates.
Detailed explanation-2: -In September the World Bank announced it was “discontinuing” its “Doing Business” report, which ranks countries on the ease of opening and operating a company. It cited the outcome of an investigation that found the World Bank had changed the rankings under pressure of funding.
Detailed explanation-3: -World Bank Stops ‘Ease of Doing Business’ Report.
Detailed explanation-4: -The report was discontinued by the World Bank on September 14, 2021, following the release of an audit of the data irregularities. The audit documented how bank leadership pressured experts to manipulate the results of the 2018 and 2020 reports.
Detailed explanation-5: -World Bank to discontinue ‘Doing Business’ reports after irregularities found in data.