🎖️ Defence📈 Economics

"Global Competitiveness Report" is released by which of the following organization?

Q1 FREE PREVIEW
"Global Competitiveness Report" is released by which of the following organization?
aSAARC
bWEF
cWTO
dEU
✓ Correct answer: b) WEF
ExplanationWEF stands for the World Economic Forum.The World Economic Forum is an international organization that brings together leaders from various sectors, including business, government, academia, and civil society, to engage in discussions and collaborations aimed at | | Defence addressing global challenges and shaping economic agendas.Key aspects of the World Economic Forum include:1. Annual Meeting: The WEF is best known for its annual meeting in Davos, Switzerland, where leaders gather to discuss and deliberate on pressing global issues.The meeting provides a platform for dialogue and collaboration across different sectors.2. Reports and Research: The WEF conducts research and publishes reports on a wide range of topics, including global competitiveness, technology, sustainability, and more.These reports often provide insights into key trends and challenges facing the world.3. Global Initiatives: The WEF initiates and supports global projects and initiatives aimed at finding solutions to complex issues.These initiatives often involve public-private partnerships and collaboration between various stakeholders.4. Public-Private Cooperation: The organization emphasizes the importance of public-private cooperation in addressing global challenges.It seeks to foster dialogue and collaboration between governments, businesses, and other stakeholders to achieve positive societal impact.Hence, the correct answer is option (B).

Practice more Defence Economics PYQs

See every question on Economics, or browse the full Defence question bank.

See all questions on Economics →