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World Economic Forum
Recently, the World Economic Forum’s (WEF) 33rd India Economic Summit took place in New Delhi. Consider the following statements about the WEF:
1. Founded in 1972, it is a Swiss nonprofit foundation, based in Geneva, Switzerland.
2. Global Competitiveness Report, Global Gender Gap Report, Global Risks Report are some of the important reports being published by WEF annually.
Choose the correct answer from the codes given below:
A |
Only 1
|
|
B |
Only 2
|
|
C |
Both 1 and 2
|
|
D |
Neither 1 nor 2
|
Your Ans is
Right ans is B
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- WEF was established in 1971 by Klaus Schwab, as a not-for-profit foundation and is headquartered in Cologny, Geneva, Switzerland.
- First named the European Management Forum, it changed its name to the World Economic Forum in 1987 and sought to broaden its vision to include providing a platform for resolving international conflicts.
Objective
- The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance.
- Global Competitiveness Report, Global Gender Gap Report, Global Risks Report, Global Information Technology Report, Global Travel and Tourism Report Global Enabling Trade Report and Fostering Effective Energy Transition are important reports being published by the WEF.
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