Merry Christmas Offer Use Code - SANTA20

Join Here

IMF: World Entered Recession

Published on March 28, 2020
Current context: International Monetary Fund (IMF) chief Kristalina Georgieva has announced on 27th March 2020, that the world has clearly entered a recession due to the devastating impact due to the Corona virus pandemic.
IMF: World Entered Recession
  • IMF has also projected a recovery from recession in the year 2021.
  • It said that the recovery in 2021 will only be possible if:
    1. The international community succeeds in containing the virus everywhere.
    2. The international community could prevent liquidity problems from becoming a solvency issue.
  • As per IMF, the fund's estimate "for the overall financial needs of emerging markets is $2.5 trillion”.
  • Over 80 countries (50 of low incomes) have already requested emergency aid from the IMF.
  • The International Monetary Fund (IMF) has 189 member countries and was founded on 27th December 1945.
  • Headquarters‎: ‎Washington, D.C. U.S
  • Managing Director‎: ‎Kristalina Georgieva

Question: 

Q.1 Who is the current chief of the International Monetary Fund (IMF)?
a. Dr. Tedros Adhanom Ghebreyesus
b. Kristalina Georgieva
c. Henrietta H. Fore
d. Audrey Azoulay
ebook store

About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu