{"id":133342,"date":"2023-05-05T16:37:24","date_gmt":"2023-05-05T11:07:24","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=133342"},"modified":"2023-05-05T16:37:26","modified_gmt":"2023-05-05T11:07:26","slug":"indian-origin-ajay-banga-has-been-appointed-as-the-next-president-of-world-bank-he-is-the-former-ceo-of-which-of-the-following-company","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/indian-origin-ajay-banga-has-been-appointed-as-the-next-president-of-world-bank-he-is-the-former-ceo-of-which-of-the-following-company\/","title":{"rendered":"Indian-Origin Ajay Banga has been appointed as the next president of World Bank. He is the former CEO of which of the following company?"},"content":{"rendered":"\n<p>&nbsp;(a) Citibank<\/p>\n\n\n\n<p>(b) Visa Inc<\/p>\n\n\n\n<p>(c) LinkedIn Corporation<\/p>\n\n\n\n<p>(d) American Express<\/p>\n\n\n\n<p>(e) Mastercard<\/p>\n\n\n\n<p><strong>Ans. (e)<\/strong><\/p>\n\n\n\n<p><strong>Exp. <\/strong>Indian-Origin Ajay Banga appointed as next World Bank president.<\/p>\n\n\n\n<p>The World Bank\u2019s 25-member executive board has elected former Mastercard CEO Ajay Banga to a five-year term as president, effective June 2.<\/p>\n\n\n\n<p>Banga, 63, was nominated for the post by US President Joe Biden in late February and was the sole contender to replace departing World Bank chief David Malpass, an economist and former US Treasury official during the Trump administration.<\/p>\n\n\n\n<p>The decision came in a vote by 24 of the board\u2019s members, with Russia abstaining, instead of the usual consensus-based process.<\/p>\n\n\n\n<p><strong>About World Bank<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Founded \u2013<\/strong> 1944<\/li>\n\n\n\n<li><strong>Headquarters \u2013<\/strong> Washington Dc<\/li>\n\n\n\n<li><strong>President \u2013 <\/strong>Ajay Banga<\/li>\n\n\n\n<li><strong>MD &amp; CFO \u2013<\/strong> Anshula Kant<\/li>\n\n\n\n<li><strong>Chief Economist<\/strong> \u2013 Carman Reinhart<\/li>\n\n\n\n<li><strong>Executive Director<\/strong> \u2013 Rajesh Khullar<\/li>\n\n\n\n<li><strong>Member Countries<\/strong> -189<\/li>\n\n\n\n<li><strong>World Bank Group<\/strong> \u2013 5 (IBRD, IDA, IFC, MIGA and ICSID)<\/li>\n<\/ul>\n\n\n\n<p><strong>Recent Appointments of Persons of Indian Origin<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Association of American Universities (AAU) Task Force Chairs \u2013<\/strong> Neeli Bendapudi<\/li>\n\n\n\n<li><strong>Warrant Officer of UK\u2019s Royal Air Force (RAF)<\/strong> \u2013 Subby Subramaniam (Indian-origin)<\/li>\n\n\n\n<li><strong>Deputy Secretary of State, Management and Resources in USA<\/strong> \u2013 Indian American Richard Verma<\/li>\n\n\n\n<li><strong>First Head of NASA\u2019s \u2018Moon To Mars\u2019 Programme<\/strong> \u2013 Amit Kshatriya<\/li>\n\n\n\n<li><strong>First Assistant Police chief in USA\u2019 Connecticut<\/strong> \u2013 Manmeet Colon (Indian-origin Sikh woman)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;(a) Citibank (b) Visa Inc (c) LinkedIn Corporation (d) American Express (e) Mastercard Ans. (e) Exp. Indian-Origin Ajay Banga appointed as next World Bank president. The World Bank\u2019s 25-member executive board has elected former Mastercard CEO Ajay Banga to a five-year term as president, effective June 2. Banga, 63, was nominated for the post by [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":133319,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5014],"tags":[1476],"class_list":["post-133342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-quiz-may-2023","tag-daily-current-affairs-quiz"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/133342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=133342"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/133342\/revisions"}],"predecessor-version":[{"id":133343,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/133342\/revisions\/133343"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/133319"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=133342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=133342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=133342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}