UPSC Prelims 2015 GS Paper I · Q21 of 100 Economy easy

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

  1. (a) The Asian Development Bank
  2. (b) The European Bank for Reconstruction and Development
  3. (c) The US Federal Reserve Bank
  4. (d) The World Bank ✓ UPSC's answer

Why the answer is (d)

• 'Global Economic Prospects' is the World Bank's flagship report on global growth, published in January and June each year — option (d).

• The ADB (a) publishes the Asian Development Outlook; the EBRD (b) its Transition Report; the US Fed (c) the Beige Book.

• Hence option (d).

Why the other options are wrong

(a) The Asian Development Bank
ADB publishes the Asian Development Outlook.
(b) The European Bank for Reconstruction and Development
EBRD publishes the Transition Report.
(c) The US Federal Reserve Bank
The Fed publishes the Beige Book.

Asked in the GS Paper I of the UPSC Civil Services Preliminary Examination 2015, held on 23 August 2015. Question and answer key: Union Public Service Commission. Explanation: UPSC Answer Check.

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