![World Bank Sets up Task Force to Study Recommendations of IEG on MDBs Reforms World Bank Sets up Task Force to Study Recommendations of IEG on MDBs Reforms](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8DZ-jzZlENxC3FZDcQLt9NUzGxnx2G0D0-9-Fu-_fQksM234A0tAt6K0USMQZKoybtCewWTxPWMEGN5JW_oz8q_O6hIcti_2qqAKyMn0dkMC89_X_tyo5OPDRb67a6ssQ12uQuj1t5O9xRW0CYfnC8rWEtw7PqZ2oXmcNKt4b_qkKiyWz4dGNE1QbNGeJ/w320-h192-rw/Copy%20of%20Copy%20of%20Copy%20of%20Untitled%20(500%20%C3%97%20300%20px)%20(500%20%C3%97%20280%20px)%20(4).png)
- This initiative was set up under India’s G20 presidency.
- The task force was announced by the World Bank’s group president, Ajay Banga.
- The recommendations aim to strengthen MDBs and make these global lenders bigger, better, and bolder.
- The World Bank, which other MDBs look up to, is expected to take the lead in carrying forward the reform roadmap for MDBs.
- In addition to this, the World Bank has identified eight unique global challenges that require attention in the next few years.
- The specifics of these challenges have not been elaborated upon.
- India’s Finance Minister, Nirmala Sitharaman, has assured the World Bank of India’s support in this endeavor.
Question:
Q.1 Under whose G20 presidency was the task force established?a. United States
b. China
c. India
d. Germany