CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which institution released the report titled ‘Survival of the Richest’?
A
World Economic Forum
B
Oxfam International
C
NITI Aayog
D
Reserve Bank of India
Explanation: 

Detailed explanation-1: -Q. Which institution released the report titled ‘Survival of the Richest’? Notes: A new study titled ‘Survival of the Richest’ released by Oxfam International on the first day of the World Economic Forum Annual Meeting in Davos.

Detailed explanation-2: -Oxfam India’s 2023 report, accurately titled “Survival of the Richest“, chooses to contend with this concept. Their report instead claims that resources are not scarce in India, or in the rest of the world. Instead, it is the inequitable distribution of resources that creates scarcity in the first place.

Detailed explanation-3: -Against this economic backdrop, non-profit Oxfam released a report on January 16 pointing out the stark income disparities in India. The report, titled “Survival of the Richest: The India Supplement”, is a timely reminder of the need to contain growing income inequalities and improve tax collection.

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