Recently. Indian origin Ajay Banga has been appointed as the 14th President of which of the following institutions?

Correct option is C

Ajay Banga, an Indian-origin executive, was appointed as the 14th President of the World Bank in 2023. His leadership focuses on tackling global challenges like poverty, climate change, and economic inequality, ensuring a more inclusive and sustainable future.

Important Key Points:

1. Ajay Banga is the first Indian-origin leader of the World Bank.
2. Previously served as the CEO of Mastercard, transforming it into a global payments leader.
3. Prioritizes climate finance and poverty alleviation in his agenda.
4. Aims to strengthen the World Bank's role in addressing global crises.
5. Known for promoting public-private partnerships for development.
6. Advocates inclusive economic growth, especially in emerging economies.

Knowledge Booster:

• WTO: Focuses on global trade regulations.
• WHO: Specializes in global health policies.
• IMF: Provides financial support and stability to member countries.