BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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India has signed a loan agreement of 36 million dollars with the World Bank for Himachal Pradesh Public Financial Management Capacity Building Programme. Who is present President of World Bank?
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Tedros Adhanom Ghebreyesus
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Jim Yong Kim
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Takehiko Nakao
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Christine Lagarde
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Explanation:
Detailed explanation-1: -18–25 trillion[1], respectively.
Detailed explanation-2: -The World Bank lends around US$27.1 billion to India, which makes it the largest country of IBRD support.
Detailed explanation-3: -India approached the International Bank for Reconstruction and Development (IBRD), popularly known as World Bank and the International Monetary Fund (IMF), and received $7 billion as loan to manage the crisis during 1991.
Detailed explanation-4: -Some World Bank funded projects in India include: Clean India Mission. National Ganga River Basin Project. Pradhan Mantri Gram Sadak Yojana. The National Rural Livelihoods Project.
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