Neelkanth Mishra Appointed as Executive Director of the World Bank
Mishra, who currently serves as the Chief Economist at Axis Bank, will succeed Parameswaran Iyer in this critical international role.
His appointment is for a tenure of three years, allowing him to represent India's economic interests and contribute to global development policy.
This selection highlights India's strategy of placing highly qualified private sector financial experts into key multilateral institutions.
Key Facts / Static GK
World Bank President: Ajay Banga
World Bank Founded: 1944
Practice Quiz — 6 June 2026
Q1. Who has been appointed as the new Executive Director of the World Bank for a tenure of three years, succeeding Parameswaran Iyer?
Q2. Which wetland was recently designated as India's 100th Ramsar Site, becoming the 13th such site in Uttar Pradesh?
Q3. In the 61st MPC meeting, the Reserve Bank of India maintained the Repo Rate at 5.25%. What is the corresponding Standing Deposit Facility (SDF) rate?
Q4. With reference to the recently constituted 6 sector-specific working groups by the Indian Government, consider the following statements: 1. They aim to identify around 100 products to boost domestic manufacturing. 2. These groups will be chaired by the Secretary of DPIIT. Which of the statements given above is/are correct?
Q5. Who became the first-ever Indian chess grandmaster to win the prestigious Norway Chess title in Oslo?
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