Prime Minister Narendra Modi will become the first PM in 20 years to attend the World Economic Forum’s (WEF) annual jamboree of the global elite. The meeting will be held in Davos town of Switzerland.
The five-day Davos Annual Meeting of Geneva-based WEF will began in January 2018. Top Indian CEOs will also be present at the meeting including Mukesh Ambani, Chanda Kochhar and Uday Kotak. Modi will be the first Indian Prime Minister at the Davos summit since 1997 when the then Prime Minister H D Deve Gowda had attended.
Static/Current Takeaways Important for IBPS Clerk Mains 2017 Exam-
- Switzerland Capital- Bern, Currency- Swiss franc.
- Founder and Executive Chairman of WEF- Klaus Schwab, Headquarters- Geneva, Switzerland.
- WEF was originally called the European Management Forum.