science

World Bank office, Chennai

World Bank office, Chennai is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand World Bank office, Chennai rather than just read about it. In short: The World Bank Chennai is the extension of the World Bank headquartered in Washington, DC. The World Bank Chennai office offers corporate financial, accounting, administrative and IT services for the bank's offices in around 150 countries.

Key takeaways

World Bank office, Chennai belongs to science; place it in that map before memorising details.
Learn the definition first, then one example that makes the definition concrete.
Connect World Bank office, Chennai to a quantity you can measure, compute or draw — that is where exam questions come from.
Reproduce the core statement of World Bank office, Chennai from memory before moving on to harder problems.

Reference excerpt

The World Bank Chennai is the extension of the World Bank headquartered in Washington, DC. The World Bank Chennai office offers corporate financial, accounting, administrative and IT services for the bank's offices in around 150 countries. The Chennai office handles several value-added operations of the bank that were earlier handled only in its Washington, D.C., office.

History The Chennai office started its business operation as a primary processing work, including payroll processing, in August 2001 with 80 staff. On 15 March 2002, then chief minister of Tamil Nadu, J. Jayalalithaa, inaugurated a new 26,000 sq ft office in Raheja Towers in Anna Salai, where the bank started functioning in a full-fledged manner to process all of the bank's accounting functions and its global payrolls, with about 90 personnel. The same year, the staff strength increased to about 180. In 2003, the bank decided to move the analytical work in bond valuation to the Chennai office, whereby the bank moved the work outside its headquarters in Washington, DC for the first time in its history. The size of the bank's commercial bonds portfolio is estimated at US$100 billion. On 22 September 2006, the bank moved to a leased premises in Taramani, which was inaugurated by the then chief minister of Tamil Nadu, M. Karunanidhi. In 2009, the bank decided to purchase the land it took on lease, in order to set up a permanent back office in Chennai. By 2012, the staff strength grew to 500. On 13 December 2021, the bank celebrated the 20th year of its presence in Chennai. The staff strength of the Chennai office grew as follows:

Operations The World Bank Chennai office building is located in Taramani on a 3.5-acre campus off the IT corridor and has 120,000 sq feet built-up area with a capacity to house about 450 staff members. The building is certified as a LEED Silver building. The Taramani office, measuring 128,000 sq ft area, is the largest bank-owned building outside its headquarters in Washington, DC. Most of the administrative expense and trust fund transactions for the Bank, which range between US$1 billion and US$2 billion a year, are processed in the Chennai office. When the bank commenced its Chennai operations, it was primarily restricted to processing. An analysis component was added later.

Illustrations

Worked examples

Example 1 — a first encounter with World Bank office, Chennai

Start with the simplest possible case. Write down what World Bank office, Chennai claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to World Bank office, Chennai before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about World Bank office, Chennai ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of World Bank office, Chennai

In research: World Bank office, Chennai appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry: Engineering practice reuses World Bank office, Chennai in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom: World Bank office, Chennai is common in secondary-school and first-year university syllabi. It links to neighbouring topics Carbon finance, International economic organizations, United Nations Development Group, so understanding it makes those chapters shorter.
In everyday life: Look for World Bank office, Chennai outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study World Bank office, Chennai in 20 minutes

Read the reference excerpt below once, without taking notes.
Close the page and write down what World Bank office, Chennai means in your own words.
Compare your version with the excerpt and mark what you missed.
Work through the three examples above with pen and paper.
Explain World Bank office, Chennai out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is World Bank office, Chennai in simple terms?

Why does World Bank office, Chennai matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study World Bank office, Chennai?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on World Bank office, Chennai.