2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SBI
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World Bank
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Reserve Bank of India
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Asian Development Bank
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Detailed explanation-1: -This work is a product of the staff of The World Bank with external contributions.
Detailed explanation-2: -The world is in its “steepest slowdown” since 1970 and 685 million people could be living in extreme poverty by the end of 2022, a report by World Bank said on Tuesday. This would make 2022 the second-worst year for poverty reduction in the past two decades, after 2020.
Detailed explanation-3: -The World Bank’s report titled “Poverty and Shared Prosperity 2022: Correcting Course” provides the first comprehensive assessment of the COVID-19 pandemic’s impact on poverty in developing countries.
Detailed explanation-4: -Recently, the Global Multidimensional Poverty Index (MPI) 2022 was released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI).
Detailed explanation-5: -Global Multidimensional Poverty Index: According to the Global Multidimensional Poverty Index 2022, around 415 million people in India climbed out of poverty between 2005-06 and 2019-21, with the incidence of poverty falling from 55 per cent to just over 16 per cent over this period.