CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which institution releases the ‘Fiscal Monitor’ Report?
A
International Monetary Fund
B
Reserve Bank of India
C
World Bank
D
ADB
Explanation: 

Detailed explanation-1: -Detailed Solution. The correct answer is International Monetary Fund.

Detailed explanation-2: -Congress has a big role to play in fiscal policy. It is one of the bodies that help shape the country’s spending and tax policies along with the executive branch.

Detailed explanation-3: -A Survey by the IMF staff usually published twice a year. It presents IMF staff economists’ analyses of global economic developments during the near and medium term.

Detailed explanation-4: -This Annual Report emphasizes the work of the IMF’s Executive Board, whose guidance and oversight are essential. It also highlights the real-time advice, capacity development, and support the Fund has provided to our members. Working together is the only way we can successfully address the challenges we face.

Detailed explanation-5: -The flagship reports on multilateral surveillance are published twice a year: the World Economic Outlook (WEO), Global Financial Stability Report (GFSR), and Fiscal Monitor (FM).

There is 1 question to complete.