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Which of the following reports are published by the World Bant?
1. Global Economic Prospects Report
2. Fiscal Monitor Report
3. World Development Report
4. Global Sustainable Developments Reports Select the correct answer using the code given below
  • a)
    1, 2 and 3 only
  • b)
    1, 3 and 4 only
  • c)
    2 and 4 only
  • d)
    1 and 3 only
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Which of the following reports are published by the World Bant?1. Glob...
  • Global Economic Prospects is a World Bank Group flagship report that examines global economic developments and prospects, with a special focus on emerging markets and developing economies. It is issued twice a year, in January and June. Recently June report has been released. The June 2020 Global Economic Prospects describes both the immediate and near-term outlook for the impact of the pandemic and the long-term damage it has dealt with prospects for growth. The baseline forecast envisions a 5.2 percent contraction in global GDP in 2020, using market exchange rate weights—the deepest global recession in decades, despite the extraordinary efforts of governments to counter the downturn with fiscal and monetary policy support. Hence option 1 is correct.
  • The World Development Report (WDR) is an annual report published since 1978 by the International Bank for Reconstruction and Development (IBRD) or World Bank. In the recent (May 2020) report titled “World Development Report 2020: Trading for Development in the Age of Global Value Chains(GVC’s) that was released, the bank argues that these reforms can help developing countries expand from commodity exports to basic manufacturing while ensuring that economic benefits are shared more widely across society. Hence option 3 is correct.
  • The Fiscal Monitor is prepared twice a year by the International Monetary Fund’s (IMF) Fiscal Affairs Department. With increasing fiscal challenges in the aftermath of the 2008 global financial crisis, multilateral surveillance of fiscal developments, a key part of the IMF’s surveillance responsibilities, had gained further importance. In response, the Fiscal Monitor was launched in 2009 to survey and analyze the latest public finance developments, update fiscal implications of the crisis and medium-term fiscal projections, and assess policies to put public finances on a sustainable footing. Its projections are based on the same database used for the World Economic Outlook (WEO) and the Global Financial Stability Report (GFSR). Recently its report came in April 2020. Hence option 2 is not correct.
  • The Global Sustainable Development Report (GSDR) originated in the Rio+ 20 outcome when the Member States were laying the groundwork for the 2030 Agenda and the Sustainable Development Goals (SDGs). In 2016, Member States decided that the report should be produced once every four years, to inform the quadrennial SDG review deliberations at the General Assembly and that it should be written by an Independent Group of Scientists appointed by the UN Secretary-General. They mandated that the Group would consist of 15 experts representing a variety of backgrounds, scientific disciplines and institutions, ensuring geographical and gender balance. The Future is Now: Science for Achieving Sustainable Development, is the first Global Sustainable Development Report in 2019 prepared by the Independent Group of Scientists appointed by the United Nations Secretary-General. Hence option 4 is not correct.
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Which of the following reports are published by the World Bant?1. Global Economic Prospects Report2. Fiscal Monitor Report3. World Development Report4. Global Sustainable Developments Reports Select the correct answer using the code given belowa)1, 2 and 3 onlyb)1, 3 and 4 onlyc)2 and 4 onlyd)1 and 3 onlyCorrect answer is option 'D'. Can you explain this answer?
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Which of the following reports are published by the World Bant?1. Global Economic Prospects Report2. Fiscal Monitor Report3. World Development Report4. Global Sustainable Developments Reports Select the correct answer using the code given belowa)1, 2 and 3 onlyb)1, 3 and 4 onlyc)2 and 4 onlyd)1 and 3 onlyCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following reports are published by the World Bant?1. Global Economic Prospects Report2. Fiscal Monitor Report3. World Development Report4. Global Sustainable Developments Reports Select the correct answer using the code given belowa)1, 2 and 3 onlyb)1, 3 and 4 onlyc)2 and 4 onlyd)1 and 3 onlyCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following reports are published by the World Bant?1. Global Economic Prospects Report2. Fiscal Monitor Report3. World Development Report4. Global Sustainable Developments Reports Select the correct answer using the code given belowa)1, 2 and 3 onlyb)1, 3 and 4 onlyc)2 and 4 onlyd)1 and 3 onlyCorrect answer is option 'D'. Can you explain this answer?.
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