Current context: The four day 50th World Economic Forum, the International Organization for Public-Private Cooperation, will begin on 21st January 2020 at Davos in Switzerland.
a. Harry Dexter White , 1999
b. John Maynard Keynes, 1977
c. Prof. Klaus Schwab, 1971
d. David Malpass, 1969
- The theme of WEF 2020 is 'Stakeholders for a Cohesive and Sustainable World'.
- The theme emphasizes Forum Founder Klaus Schwab's idea that managers have a duty to customers, suppliers and the wider economy, not just dividend-hungry shareholders.
- 53 heads of state or government from 117 countries are participating in the event.
- Union Minister for Commerce and Industry Piyush Goyal will lead the Indian delegation at WEF 2020.
- The key highlights of the WEF are:
- Indian actress Deepika Padukone will be given a WEF crystal award for her work on mental health.
- The US rapper William Adams will talk about ending gun violence.
- Piyush Goyal will hold bilateral meetings with Ministers of Australia, South Africa, Russia, Saudi Arabia, Switzerland, Korea and Singapore.
- He will also hold bilateral meetings with CEOs of companies, Conferences for Accelerating Investments in Indian Railways and attracting Global Institutional Investments in India.
- Prince Charles will also be speaking on 'saving the planet'.
- Prof. Klaus Schwab, an engineer and economist, founded the Forum in 1971.
- In 1970, Schwab left the Swiss industrial group Escher Wyss to organize a two-week conference in the Swiss Alps.
- The first “European Management Forum” was held in Davos, Switzerland in February 1971.
Question:
Q.1 The World Economic Forum was founded by _______________ in the year ________?a. Harry Dexter White , 1999
b. John Maynard Keynes, 1977
c. Prof. Klaus Schwab, 1971
d. David Malpass, 1969