Current Affairs Section
Former Reserve Bank of India Governor Urjit Patel appointed IMF Executive Director
- Some countries like Finland and France have banned phones on a smaller scale, applying the restriction only to schools for younger children. Others like Italy, the Netherlands and China have restricted phone use in all schools.
- Urjit Patel appointed Executive Director at the International Monetary Fund (IMF) for a period of three years
- Key facts about the IMF
- Formation: Established in 1944 at the Bretton Woods Conference and began operations in 1945.
- Headquarters: Located in Washington, D.C..
- Parent organization: A specialized agency of the United Nations.
- Membership: Comprises 191 member countries as of 2025.
- Latest member is Liechtenstein, which joined on October 21, 2024, becoming the 191st member country.
- Managing Director -Kristalina Georgieva
Category: Appointments