Civil Services Prep

Prelims 2015 · Economy · Question 21

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

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

Answer

The World Bank

  • (a) Asian Development Bank: ADB publishes reports like Asian Development Outlook, not Global Economic Prospects. Verdict: Incorrect.
  • (b) European Bank for Reconstruction and Development: EBRD releases regional economic outlooks and transition reports, not Global Economic Prospects. Verdict: Incorrect.
  • (c) US Federal Reserve Bank: The Federal Reserve publishes monetary policy and economic reports such as the Beige Book, not Global Economic Prospects. Verdict: Incorrect.
  • (d) World Bank: The Global Economic Prospects report is a periodic flagship publication of the World Bank. Verdict: Correct.
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