Which of the following organizations brings out the publication known as ‘World Economic Outlook’?
- (a) The International Monetary Fund ✓ UPSC's answer
- (b) The United Nations Development Programme
- (c) The World Economic Forum
- (d) The World Bank
Why the answer is (a)
• The World Economic Outlook is the IMF's flagship survey of the global economy, published in April and October with updates in January and July — option (a).
• UNDP (b) publishes the Human Development Report; WEF (c) the Global Competitiveness Report; the World Bank (d) Global Economic Prospects.
• Hence option (a).
Why the other options are wrong
- (b) The United Nations Development Programme
- UNDP publishes the Human Development Report.
- (c) The World Economic Forum
- WEF publishes the Global Competitiveness Report.
- (d) The World Bank
- The World Bank publishes Global Economic Prospects.
Asked in the GS Paper I of the UPSC Civil Services Preliminary Examination 2014, held on 24 August 2014. Question and answer key: Union Public Service Commission. Explanation: UPSC Answer Check.