Tue 21st of November 2017
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Social networking giant Facebook on 7 June 2016 said it has appointed former Adobe executive Umang Bedi as managing director of its India operations. Mr. Bedi, whose appointment is effective July, will lead in building and maintaining strategic relationships with top clients and regional agencies in the country.
He will take over from Kirthiga Reddy, who will be returning to the US to take on a new role at the company’s headquarters at Menlo Park in August. Mr. Bedi comes to Facebook with close to two decades of leadership experience covering sales, marketing and partnerships. He was the managing director of the South Asia region at Adobe.
Prelims Question of the Day
With reference to 'Natural Rate of Unemployment', consider the following statements.
1. It is the level of unemployment in an economy that is just consistent with a stable rate of Inflation.
2. It is the unemployment that prevails when all markets in the economy are in equilibrium.
(a)1 and 2
(d)None of the above
Mains Question of the Day
1.GS-No party in power can afford to ignore Directive Principles of State Policy. Comment.(200 Words)
2.Political Science - Explain the role of non state actors, like IMF, World Bank, European Union and MNCs, in modulating and transforming the broad dynamics of international relations. (250 Words).
3.SOCIOLOGY - What is the impact of Globalization on the structure and mobilization of the working class in India? (250 Words).