Question

Who has been recently selected as the new World Bank President?

• A. Ajay Banga
• B. David Malpass
• C. Indermit Gill
• D. Geeta Gopinath

Hint:

Keep track of appointments to key international institutions for current affairs.
Ajay Banga is the new World Bank President as of recent announcements.

Answer 1

The Correct Option is A

Ajay Banga, an Indian-American business executive and former CEO of Mastercard, has been selected as the new President of the World Bank.
Step 1: Role of the World Bank President
The President leads the World Bank's efforts to reduce poverty and support economic development globally.
Step 2: Significance
Banga's appointment is notable as he brings private sector experience and represents a shift in leadership.
Hence, option (A) is correct.