Indian-origin Ajay Banga confirmed as the next President of World Bank

Current Context: Ajay Banga, the former CEO of Mastercard and a naturalized US citizen, has been confirmed as the next president of the World Bank for a five-year term starting from June 21.

• He was nominated by US President Joe Biden and was the sole candidate for the top job.
• He will take over from David Malpass who is stepping down early amid criticism over his stance on climate change.
• Banga has said that he wants to see greater private sector funding to help tackle global problems such as climate change and poverty.

Question:

Q.1 Who is the next president of the World Bank?
a. Ajay Banga
b. David Malpass
c. Kristalina Georgieva
d. Jim Yong Kim