Q. With reference to the World Economic Forum (WEF), consider the following statements:
1.It seeks to develop policies for international financial markets.
2.Global Risk Report is published by the WEF.
Which of the statement(s) given above is/are correct?
Answer: B
Notes:
Explanations –
Statement 1 is incorrect. The WEF is primarily an international organization for public-private cooperation that engages leaders from various sectors to shape global, regional, and industry agendas. While it addresses issues related to global financial systems and provides platforms for discussions, it does not directly develop policies for international financial markets.
Statement 2 is correct. The Global Risks Report is an annual publication by the World Economic Forum that highlights key global risks across economic, environmental, societal, technological, and geopolitical domains.
Source: AIR
