CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has been named as a member of the World Bank-IMF High Advisory Group?
A
Montek Singh Ahluwalia
B
Jayant Kumar Dash
C
Shashi V Vempatti
D
Ram Vinay Sahi
Explanation: 

Detailed explanation-1: -The group will also include Gita Gopinath, Economic Counsellor and Director of the Research Department at the IMF, among others.

Detailed explanation-2: -Who funds the IMF? IMF funds come from three sources: member quotas, multilateral and bilateral borrowing agreements.

Detailed explanation-3: -He currently holds the position of Distinguished Fellow at the Centre for Social and Economic Progress - a New Delhi based think tank.

Detailed explanation-4: -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-5: -International Monetary Fund is a separate institution and not a part of the World Bank Group.

There is 1 question to complete.