UPSC Prelims 2002 Q14: Indian Economy – International Institutions & Reports
"World Development Report" is an annual publication of
- (a) United Nations Development Programme
- (b) International Bank of Reconstruction and Development
- (c) World Trade Organisation
- (d) International Monetary Fund
Answer: (b) International Bank of Reconstruction and Development
Explanation
Publisher of the World Development Report
| Report | Publisher |
|---|---|
| World Development Report | IBRD / World Bank, annually since 1978 |
| Human Development Report | UNDP |
| World Investment Report | UNCTAD |
| World Economic Outlook | IMF |
The World Development Report (WDR) is an annual publication of the International Bank for Reconstruction and Development (the World Bank). It carries a theme each year, along with the bank's data on world development indicators.
Answer: (b) International Bank for Reconstruction and Development.
Why each option is right or wrong
- (a) Incorrect. UNDP publishes the Human Development Report.
- (b) CORRECT. The World Bank (IBRD) publishes the WDR.
- (c) Incorrect. The WTO publishes the World Trade Report.
- (d) Incorrect. The IMF publishes the World Economic Outlook.
Key point
Report-publisher pairs: WDR-World Bank, HDR-UNDP, WIR-UNCTAD, WEO-IMF, WTR-WTO.
Remember
WDR is the World Bank's flagship annual report.
Common mistakes
- Choosing UNDP because of the similar Human Development Report.
- Mixing the IMF's World Economic Outlook with the WDR.
- Forgetting that IBRD is the World Bank.
Exam tip
'Development' with 'World' points to the World Bank; 'Human Development' to UNDP.
Sources
- World Bank — World Development Reports
- Ramesh Singh — Indian Economy