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      Question

      Which organization has established a task force to

      examine the suggestions put forth by the Independent Experts Group for enhancing the effectiveness of multilateral development banks (MDBs)?
      A World Bank Correct Answer Incorrect Answer
      B Asian Development Bank Correct Answer Incorrect Answer
      C New Development Bank Correct Answer Incorrect Answer
      D International Monetary Fund Correct Answer Incorrect Answer

      Solution

      The World Bank, which other MDBs looked up to, must take the lead in carrying forward the reform roadmap for MDBs so as to make these global institutions bigger, better, and bolder. Both Ajay Banga and Nirmala Sitharaman discussed outcomes of the G20 India Presidency, evolution of the World Bank and its engagement with India in various sectors, besides issues of mutual interest.

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