Which institution released the ‘Global Findex database 2021’?
- A. ADB
- B. World Bank
- C. IMF
- D. World Economic Forum
Correct Answer: B. World Bank
The 2021 edition, based on nationally representative surveys of over 125,000 adults in 123 economies during the COVID-19 pandemic, contains updated indicators on access to and use of formal and informal financial services and digital payments, and offers insights into the behaviors that enable financial resilience. The data also identify gaps in access to and usage of financial services by women and poor adults.
Correct Answer: A. Brazil
This year’s Amazon Summit was held in the Brazilian city of Belém, in which the Amazon nations discussed how the rainforest is manage. On the final day (August 9) of the summit, 12 countries called on wealthy nations to meet their climate funding obligations. A joint statement issue during the summit called for the development of a financing mechanism in which the international community could pay for the critical services provided by forests.
Correct Answer: C. Gautam Adani
The Indian billionaire industrialist and philanthropist have surpassed Ambani as the richest man. He is the Chairman and founder of the Ahmedabad-based multinational conglomerate Adani Group which is involved in port development and operations in India. The 59-year-old champion’s net worth reached $88.5 billion according to the Bloomberg Billionaires Index.
Correct Answer: B. Mitsuko Tottori
Mitsuko Tottori will become Japan Airlines (JAL) first female president on April 1, 2024. Tottori is a former flight attendant who joined JAL in 1985 and has since worked her way up to senior managing executive officer. Tottori’s appointment is a rare appointment for a major Japanese firm and global airline. In a news conference, Tottori said she hopes her appointment can encourage female employees who are struggling with their careers or going through big life events.
Correct Answer: B. International Finance Corporation
World Bank’s privated sector investment arm, the International Finance Corporation (IFC) has launched a new, USD 6 billion financing facility to tackle the global food crisis. It will support sustainable production and delivery of food stocks to countries affected by food instability, by supporting private sector companies.
Correct Answer: B. Dominica
Dominica is planning to establish the world first sperm whale reserve, which will entail setting aside approximately 800-square-kilometer area off its western coast. In this designated zone, large ships and commercial fishing activities will be restricted, allowing visitors to swim alongside these gentle marine giants. This initiative aims not only to enhance tourism revenue but also to contribute to carbon sequestration in the deep sea, an often overlook advantage of whale conservation.
Correct Answer: A. Singapore
On 10th July 2020, Singapore became the 2nd Country in Asia to conduct National Polls in the times of the COVID-19 global pandemic. On 15th April 2020, South Korea became the first Asian Country to conduct National Polls in the times of the COVID-19 global pandemic.