The World Bank has lowered the global growth forecast for 2022 to 3.2%. Earlier this was estimated at 4.1%. The downward revision is due to the impact of Russia’s invasion of Ukraine on the world economy. The reason for lowering the projection is that people are facing reduced commercial activity and trade, and the debt crisis and currency depreciations have placed a heavy burden on the poor. The world is also facing reversals in development in education, health and gender equality.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Important takeaways for all competitive exams:
In today's fast-moving world, we often try to complete work faster and more efficiently. But…
Vantara has announced the launch of Vantara University in the Jamnagar, Gujarat. It will be…
To strengthen the India's artificial intelligence ecosystem the Deakin University and the Government of Telangana…
The Commonwealth Parliamentary Association (CPA) India Region Zone VII Conference was concluded in the Goa.…
Rivers are very important for human life. They give us water for drinking, farming and…
Gujarat Police has launched 'NARIT AI' (Narcotics Analysis & RAG-based Investigation Tool) and it becoming…