Question

UPSC Prelims 2015 Question:

Which one of the following issues the 'Global Economic Prospects's' report periodically?

  1. 1. The Asian Development Bank
  2. 2. The European Bank for Reconstruction and Development
  3. 3. The US Federal Reserve Bank
  4. 4. The World Bank

Answer (Detailed Solution Below)

Option 4: The World Bank

Detailed Solution

Explanation:

  • 'Global Economic Prospects' report is a World Bank Group (WBG) flagship report. The report provides policymakers with a range of options for boosting investment growth, including implementing thorough reforms to the investment climate and creating sound frameworks for fiscal and monetary policy.

Therefore, option (4) is the correct answer.

Subject: Economics | Miscellaneous(eco)

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