CURRENT AFFAIRS

Detailed explanation-1: -Krishna Srinivasan is the Director of the Asia and Pacific Department (APD). In this capacity, he will oversee the institution’s work on all countries in the Asia-Pacific region.

Detailed explanation-2: -Srinivasan’s appointment as APD Director becomes effective on June 22, 2022. He will succeed Changyong Rhee, whose retirement from the Fund was announced on March 23, 2022. Mr. Srinivasan, an Indian national, has more than 27 years of Fund experience, starting in the Economist Program in 1994.

Detailed explanation-3: -Gita Gopinath (born 8 December 1971) is an Indian-American economist who has served as the first deputy managing director of the International Monetary Fund (IMF), since 21 January 2022.