Std.7 sst ch.1 question answer

2 . If the Himalayas did not exist     If the Himalayas did not exist, India would be very different. The cold winds from Central Asia would enter India freely, making the climate much colder and drier. Many rivers like the Ganga, Yamuna, and Brahmaputra might not exist because these rivers originate from the Himalayan glaciers. Without the Himalayas, there would be less rainfall, fewer forests, and farming would become difficult in many regions. The northern plains might even look like deserts. The Himalayas also protect India from strong winds and help in bringing monsoon rains, so life in India would be much harder without them. 3. Why is India called a ‘mini-continent’? India is called a “mini-continent” because it has great diversity in physical features, climate, culture, languages, and natural resources, just like a continent. It has mountains in the north, deserts in the west, plains in the center, plateaus in the south, and coastal regions on both sides. Different par...
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Ex-Mastercard CEO Ajay Banga Nominated By US President To Lead World Bank

 

Ex-Mastercard CEO Ajay Banga Nominated By US President To Lead World Bank


Ajay Banga nominated  to lead World Bank

From Washington, US President Joe Biden is nominating former Mastercard Chief Executive Ajay Banga to lead the World Bank, after its current chief David Malpass announced plans to step down early. Banga's nomination comes amid a push for development lenders to revamp and address global problems like environmental issues more effectively. The development lender has just started accepting candidate nominations in a process set to run until March 29, with the bank saying that women candidates would be "strongly" encouraged. The president of the World Bank is typically American, while the leader of the International Monetary Fund is customarily European.

The development lender has started accepting candidate nominations in a process that will run until March 29. The World Bank has historically been headed by someone from the United States, its largest shareholder, while the leader of the International Monetary Fund (IMF) is customarily European. However, developing countries and emerging markets have pushed to widen those choices, according to Reuters. Germany, another major shareholder, has pushed for a woman to take the job since the bank has never been headed by a woman in its 77-year history.

Banga, 63, is Indian-American and currently serving as vice chairman at equity firm General Atlantic. Banga has "critical experience mobilizing public-private resources to tackle the most urgent challenges of our time, including climate change," said Biden in a statement.

Who is Ajay Banga?

  1. Ajay Banga, 63, is an Indian-American currently serving as vice chairman at equity firm General Atlantic. He was previously chief executive at Mastercard. He joined MasterCard as president and chief operating officer in August 2009 and was named its CEO in April 2010.
  2. Born in Pune, Banga received B.A. in economics from St. Stephen's College, Delhi University. He is also an alumnus of the Indian Institute of Management, Ahmedabad.
  3. Banga worked for 13 years with Nestle, India and also spent two years at Pepsico, before joining Citigroup in 1996 where he served in a variety of positions of increasing responsibility, including as CEO of its Asia-Pacific region.
  4. He was also a member of Citi's senior leadership and executive committees.

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