{"id":124047,"date":"2021-10-08T14:08:57","date_gmt":"2021-10-08T14:08:57","guid":{"rendered":"https:\/\/www.edristi.in\/?p=124047"},"modified":"2021-10-08T14:08:59","modified_gmt":"2021-10-08T14:08:59","slug":"world-bank-report-shifting-gears-digitization-and-services-led-development","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/world-bank-report-shifting-gears-digitization-and-services-led-development\/","title":{"rendered":"World Bank Report- Shifting Gears: Digitization and Services-Led Development"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: Which organization has released the report titled, \u2018Shifting Gears: Digitization and Services Led Development\u2019?<br><\/strong>a) IMF<br>b) World Bank<br>c) NITI Aayog<br>d) WTO<br><strong>Ans: b<br>Context<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>World bank has recently released a report titled, \u2018Shifting Gears: Digitization and Services Led Development\u2019 recently?<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Related Facts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>As per the report, India\u2019s real Gross Domestic Product (GDP) in the current fiscal year is estimated to grow by 8.3%.<\/li><li>Accommodative fiscal and monetary policies and low interest rates globally have been key to mitigating the pandemic\u2019s economic impact on households and firms.<\/li><li>As per report, in the next financial year, India\u2019s economic prospects will be determined by its pace of vaccination against covid-19 and successful implementation of agriculture &amp; labour reforms.<\/li><li>India\u2019s Gross Domestic Product (GDP) increased by 20.1% in first quarter (April-June quarter) of financial year 2021-22 in the backdrop of \u201ca significant base effect, limited damage to domestic demand and strong export growth\u201d.<\/li><li>Economic data such as \u2018GDP growth rate\u2019 are calculated on year-on-year basis. Thus, a low growth rate in the previous year leads to low base for the number in current year.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By Kameshwar shukla<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Reference: <\/strong><a href=\"https:\/\/www.thehindu.com\/business\/Economy\/india-estimated-to-grow-at-83-in-the-current-fiscal-world-bank\/article36871360.ece\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.thehindu.com\/business\/Economy\/india-estimated-to-grow-at-83-in-the-current-fiscal-world-bank\/article36871360.ece<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Which organization has released the report titled, \u2018Shifting Gears: Digitization and Services Led Development\u2019?a) IMFb) World Bankc) NITI Aayogd) WTOAns: bContext World bank has recently released a report titled, \u2018Shifting Gears: Digitization and Services Led Development\u2019 recently? Related Facts As per the report, India\u2019s real Gross Domestic Product (GDP) in the current fiscal year [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":124048,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-124047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/124047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=124047"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/124047\/revisions"}],"predecessor-version":[{"id":124049,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/124047\/revisions\/124049"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/124048"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=124047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=124047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=124047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}