Imf And Wb

The organization that brings out the publication known as 'World Economic Outlook' is the International Monetary Fund (IMF).

The "Global Economic Prospects" report is issued periodically by the World Bank. It report that examines global economic developments and prospects, with a special focus on emerging markets and developing economies. It is issued twice a year, in January and June.

The SDR is an international reserve asset created by the International Monetary Fund (IMF) and not a single currency. Its value is based on a basket of five major world currencies - US Dollar (USD) - Euro (EUR) - Japanese Yen (JPY) - British Pound Sterling (GBP) - Chinese Renminbi (RMB) (added in 2016) The IMF reviews the composition of the SDR basket every five years to ensure it reflects the relative importance of currencies in the global trading and financial system. The inclusion of the RMB in 2016 signified the growing importance of the Chinese economy in the world.

It is published by the **World Bank**. **Ease of Doing Business Index:** This index was a global ranking that assessed the regulatory environment for business startups and operations in different economies. It measured regulations in areas like starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. Note: The World Bank discontinued the Ease of Doing Business Index in 2021 due to concerns about data irregularities in some past reports.

The 'Global Financial Stability Report' is prepared by the International Monetary Fund (IMF). The Global Financial Stability Report is a semiannual report published by the IMF that assesses the stability of the global financial system and emerging market financing. It highlights potential risks and vulnerabilities in the financial system and provides policy recommendations to promote financial stability.

The Global Infrastructure Facility (GIF) is a partnership between governments, multilateral development banks, private sector investors, and financiers. The GIF provides comprehensive project support by utilizing the combined expertise of its technical and advisory partners, including commercial banks and institutional investors. This ensures that well-structured and bankable infrastructure projects are brought to market sustainably, meeting the needs of governments and service users. The GIF partnership is overseen by a Governing Council that supervises strategic programming and funds management, as well as the development of operational policies and procedures. Additionally, the Governing Council holds the GIF's management accountable for delivering on objectives and principles. The Governing Council is composed of representatives of funding and technical partners, as well as representatives of emerging markets and developing economies. It is co-chaired by the World Bank Group and a Funding Partner.

The World Bank's Ease of Doing Business Index focuses on regulations that directly affect businesses. While maintaining law and order is a crucial aspect of a functioning economy, it's not directly measured in the Ease of Doing Business Index.

In the context of the International Monetary Fund (IMF), "Gold Tranche" (also referred to as "Reserve Tranche") refers to a specific portion of a member country's quota that can be accessed under specific conditions. Here's a breakdown **International Monetary Fund (IMF):** An international organization that works to promote global financial stability and economic cooperation. **Quota:** The amount of financial resources a member country is obligated to contribute to the IMF. This contribution is based on the country's economic size and importance in the global trade system. **Reserve Tranche:** The first 25% of a member country's quota that can be accessed without needing IMF approval or paying any interest or service charges. It's essentially a readily available credit line. Hence, option D is the correct answer.

Both Rapid Financing Instrument (RFI) and Rapid Credit Facility (RCF) are lending facilities offered by the International Monetary Fund (IMF) to member countries facing urgent balance of payments needs. **Rapid Financing Instrument (RFI):** This is available to all IMF member countries. **Rapid Credit Facility (RCF):** This is a concessional lending facility specifically for low-income countries (LICs) that are members of the Poverty Reduction and Growth Trust (PRGT).

The **International Bank for Reconstruction and Development (IBRD)** is a key arm of the World Bank Group, originally created for post-war reconstruction and now focused on development in middle-income nations. ✅ **Statement I: Correct** The IBRD **provides loans and guarantees** to **middle-income and creditworthy low-income countries**. ❌ **Statement II: Incorrect** The IBRD does **not work single-handedly**; it collaborates with other arms of the **World Bank Group** like IDA, IFC, etc. ✅ **Statement III: Correct** It was **established in 1944** to help **Europe rebuild after World War II**.