UPSC 2015EconomyModerate

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

A
The Asian Development Bank
B
The European Bank for Reconstruction and Development
C
The US Federal Reserve Bank
D
The World Bank
Correct Answer

Explanation

The 'Global Economic Prospects' is a flagship report issued twice a year by the World Bank that examines global economic developments with a specific focus on emerging market and developing economies. While the Asian Development Bank (Option A) is a major multilateral lender, it publishes the 'Asian Development Outlook' rather than this global-scale report. This question tests the core concept of identifying major international financial institutions and their respective periodic economic publications.

International OrganizationsReports and IndicesGlobal Economic ProspectsreportperiodicallyWorld BankAsian Development BankUS Federal Reserve Bank

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