Question
Which of the following is the Central Theme report of
the passage above? Read the below passage and attempt the following questions (Q no 1 to 4). In the ever-evolving tapestry of the global economy, policymakers, businesses, and investors rely on a compass that provides insights into the prevailing economic winds and potential storms. A report that is published regularly, serves as an indispensable guide for nations worldwide. Without explicitly naming the report, let's delve into its importance and the role it plays in shaping economic strategies on a global scale. The world is intricately interconnected through trade, finance, and technology. What happens in one corner of the globe can send ripples across borders, affecting economies near and far. It serves as a panoramic view, offering a nuanced understanding of the prevailing economic conditions, potential risks, and emerging opportunities. At the heart of the report, are key macroeconomic indicators, including GDP growth rates, inflation, and unemployment. These metrics serve as barometers, providing a snapshot of a country's economic health and its trajectory. Policymakers use this information to fine-tune fiscal and monetary policies, ensuring stability and sustainable growth. In an era of globalization, understanding global trade dynamics is paramount. It examines trends in international trade, identifies emerging patterns, and assesses the impact of geopolitical factors. Nations can adjust their trade policies in response to these insights, fostering a more resilient and adaptable economic environment.Solution
Recently, the International Monetary Fund (IMF) has released its World Economic Outlook (WEO) Update, which has marginally improved the forecast for global growth in 2023. The global growth, which was estimated at 3.4% in 2022, is now projected to fall to 2.9% in 2023 before rising to 3.1% in 2024. The IMF effectively rules out a global recession. Negative growth in global GDP (Gross Domestic Product) or global GDP per capita—which often happens when there is a global recession—is not expected. Instead, it expects global growth to bottom out in 2023 before starting to gather speed in 2024.
B invests 40% of his monthly salary on Travelling and 25% of remaining on Food. Again, he invested 20% of the remaining (after travelling and food expen...
A no. is multiplied by 35 instead of being multiplied by 53. What % is the result of the required correct value?
Monthly savings of X is 55% of his monthly income which is Rs. 6800. If ratio of monthly expenditure of Y and X is 15:8 respectively and monthly savings...
The earnings ratio of individuals 'P' and 'Q' stands at 5:3, respectively. 'P' manages to save 20% of their income, which is precisely 80% of what 'Q' s...
- Neha cut down her milk consumption by 30% due to a 20% hike in its price. What is the percentage change in her total milk expenditure?
A student multiplied a number by 2/5 instead of 5/2 . What is the percentage error in the calculation?
A candidate who gets 28% marks fails by 10 marks but another candidate who gets 42% marks gets 12% more than the passing marks. Find the maximum marks.
If the sugar price is increased by 20% by how much percent consumption should be reduced that expense remains same.
In a department 20% of the employees are females. 45% of the male employees know English. The total number of employees who know English is 52%. Find th...
- A shopkeeper offers two consecutive discounts of 25% and 15% on a product. What is the equivalent single discount percentage?
Relevant for Exams:
Hey, Don't leave. If you have any queries regarding any exam let us know here.
