Which of the following statement(s) is/are incorrect about the World Bank and IMF?
Statements:
I. The World Bank publishes the World Development Report. It has been published annually since 2002.
II. World Economic Outlook is published by the World Bank.
III. IMF publishes the Global Financial Stability Report.
Select the correct options:
1.I and II only
2.II and III only
3.II only
4.I and III only
5.All of the above
Correct Answer : 1
Solution :
• Statement I is incorrect: While it is true that the World Bank publishes the World Development Report, it has been published annually since 1978, not 2002.
• Statement II is incorrect: The World Economic Outlook is published by the International Monetary Fund (IMF), not the World Bank.
• Statement III is correct: The Global Financial Stability Report (GFSR) is indeed published by the IMF.
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