{"id":1949,"date":"2024-03-30T14:10:49","date_gmt":"2024-03-30T08:40:49","guid":{"rendered":"https:\/\/lotusarise.com\/qna\/?p=1949"},"modified":"2024-04-03T07:08:00","modified_gmt":"2024-04-03T01:38:00","slug":"q-which-one-of-the-following-issues-the-global-economic-prospects-report-periodically","status":"publish","type":"post","link":"https:\/\/lotusarise.com\/qna\/upsc\/q-which-one-of-the-following-issues-the-global-economic-prospects-report-periodically","title":{"rendered":"Q.\u00a0Which one of the following issues the \u2018Global Economic Prospects\u2019 report periodically?"},"content":{"rendered":"\n<ul class=\"mcq wp-block-list\">\n<li>The Asian Development Bank<\/li>\n\n\n\n<li>The European Bank for Reconstruction and Development<\/li>\n\n\n\n<li>The US Federal Reserve Bank<\/li>\n\n\n\n<li>The World Bank<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Answer:<\/strong>&nbsp;<strong>(d) The World Bank<\/strong><\/p>\n<\/blockquote>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"notes-hd-6607c628e113c\">Notes:<\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The World Bank produces the&nbsp;<strong>Global Economic Prospects<\/strong>&nbsp;<strong>(GEP) twice a year, in January and June<\/strong>, as part of its&nbsp;<strong>in-depth analysis of key global macroeconomic developments and their impact&nbsp;<\/strong>on member countries.<\/li>\n\n\n\n<li>The GEP provides intelligence in support of&nbsp;<strong>achieving development goals<\/strong>&nbsp;and is a trusted resource for member countries, stakeholders, civil organizations and researchers.<\/li>\n<\/ul>\n\n\n\n<h6 class=\"wp-block-heading\" id=\"world-bank\">World Bank<\/h6>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It was&nbsp;<strong>created in 1944, as the International Bank for Reconstruction<\/strong>&nbsp;and Development (IBRD) along with the IMF. The IBRD later became the World Bank.<\/li>\n\n\n\n<li>The&nbsp;<a href=\"https:\/\/lotusarise.com\/world-bank-group-upsc\/\">World Bank Group<\/a>&nbsp;is a unique global partnership of five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.<\/li>\n\n\n\n<li>The World Bank is one of the<strong>&nbsp;<a href=\"https:\/\/lotusarise.com\/united-nations-upsc\/\">United Nations<\/a>\u2018 specialized agencies.<\/strong><\/li>\n\n\n\n<li><strong>Members:<\/strong>\n<ul class=\"wp-block-list\">\n<li>It has 189 member countries.<\/li>\n\n\n\n<li>India is also a member country.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Major Reports:<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Human Capital Index.<\/strong><\/li>\n\n\n\n<li><strong>World Development Report.<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Its Five Development Institutions:<\/strong>\n<ul class=\"wp-block-list\">\n<li>International Bank for Reconstruction and Development (IBRD)<\/li>\n\n\n\n<li>International Development Association (IDA)<\/li>\n\n\n\n<li>International Finance Corporation (IFC).<\/li>\n\n\n\n<li>Multilateral Guarantee Agency (MIGA)<\/li>\n\n\n\n<li>International Centre for the Settlement of Investment Disputes (ICSID)\n<ul class=\"wp-block-list\">\n<li><strong>India is not a member of ICSID.<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Answer:&nbsp;(d) The World Bank Notes: World Bank<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[1,3],"tags":[38],"years":[58],"class_list":["post-1949","post","type-post","status-publish","format-standard","hentry","category-upsc","category-prelims","tag-indian-economy","years-58"],"acf":[],"taxonomy_info":{"category":[{"value":1,"label":"UPSC"},{"value":3,"label":"Prelims"}],"post_tag":[{"value":38,"label":"Indian Economy"}],"years":[{"value":58,"label":"2015"}]},"featured_image_src_large":false,"author_info":{"display_name":"LotusArise","author_link":"https:\/\/lotusarise.com\/qna\/author\/team-lotusarise"},"comment_info":0,"category_info":[{"term_id":1,"name":"UPSC","slug":"upsc","term_group":0,"term_taxonomy_id":1,"taxonomy":"category","description":"","parent":0,"count":1269,"filter":"raw","cat_ID":1,"category_count":1269,"category_description":"","cat_name":"UPSC","category_nicename":"upsc","category_parent":0},{"term_id":3,"name":"Prelims","slug":"prelims","term_group":0,"term_taxonomy_id":3,"taxonomy":"category","description":"","parent":1,"count":1251,"filter":"raw","cat_ID":3,"category_count":1251,"category_description":"","cat_name":"Prelims","category_nicename":"prelims","category_parent":1}],"tag_info":[{"term_id":38,"name":"Indian Economy","slug":"indian-economy","term_group":0,"term_taxonomy_id":38,"taxonomy":"post_tag","description":"","parent":0,"count":225,"filter":"raw"}],"_links":{"self":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts\/1949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/comments?post=1949"}],"version-history":[{"count":0,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts\/1949\/revisions"}],"wp:attachment":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/media?parent=1949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/categories?post=1949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/tags?post=1949"},{"taxonomy":"years","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/years?post=1949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}