GLOBAL ECONOMIC PROSPECTS REPORT

Question 1

Released by?

Answer 1

World Bank

Question 2

India’s GDP forecast?

Answer 2

GDP growth to be- 8.3% for 2021-22
-7.5% for 2022-23
-6.5% for 2023-24

Question 3

World economy is expected to expand how much?

Answer 3

5.6%(fastest post recession growth in 80 yrs)

Question 4

BRETTON WOODS CONFERENCE?

Answer 4

1944
*By International bank for reconstruction and developement with IMF

Question 5

Earlier world bank?

Answer 5

IBRD(International monetary fund

Question 6

world bank group is a unique global partnership of?

Answer 6

5 institutions

Question 7

world bank group is a unique global partnership of?

Answer 7

5 institutions

Question 8

Members?

Answer 8

189 countries

Question 9

Worst ever contraction ?

Answer 9

7.3% in FY 2020-21
4% in 2019-20

Question 10

5 developement institutions?

Answer 10

1- IBRD(International bank for reconstruction and developement

2-IDA(International developement organisation)

3IFC(International finance corportion)

4-ICSID (International centre for the settlement of investment disputes)

Question 11

EAST ASIA AND PACIFIC?

Answer 11

Growth projected to decelerate to 4.4% in 2022 before increasing to 5.2% in 2023

Question 12

EUROPE AND CENTRAL ASIA

Answer 12

Expected to shrink by 2.9% in 2022
1.9% in 2023

Question 13

MIDDLE EAST AND NORTH AFRICA

Answer 13

Growth forecast to accelerate-5.3% in 2022
slowing to-3.6% in 2023

Question 14

SOTH ASIA

Answer 14

Growth projected to slow in 2022-6.8%
2023-5.8%

Question 15

SUB-SAHARAN AFRICA

Answer 15

Growth is forecast to moderate to 3.7% in 2022
rise to 3.8% in 2023

Question 16

India’s economy likely to grow by what percent in 2021-22?

Answer 16

9.2%