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Which institution recently released report on ‘Pandemic Billionaires’?
International Monetary Fund (IMF)
world bank
Oxfam
Asian Development Bank
Answer: [3] Oxfam Notes: As per a recent Oxfam report, 20 people in Asia (from India, China, Hong Kong, and Japan) mostly associated with the field of pharmaceuticals, saw their wealth zoom during the pandemic period. As per the report, the richest 1 per cent owned more wealth than the poorest 90 per cent in the region. The total number of billionaires grew by almost a third from 803 in March 2020 to 1,087 by November last year, whom the report calls ‘pandemic billionaires’.
By: Brijesh Kumar ProfileResourcesReport error
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