BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Central and Andhra Pradesh governments and the____have signed the loan agreement for a$ 172.20 million project to enhance agricultural productivity, profitability, and climate resilience of poor and marginalized farmers in Andhra Pradesh.
A
International Monetary Fund
B
Asian Development Bank
C
World Bank
D
New Development Bank
Explanation: 

Detailed explanation-1: -Rastriya Krishi VikasYojana (RKVY)

Detailed explanation-2: -The project aims to transform Rural Maharashtra through “SMART” interventions in Agriculture and Livelihood sectors, assisted by World Bank.

Detailed explanation-3: -The SALT Project is the first project in the school education sector to be funded by the World Bank without any precondition. Approximately ₹53, 000 crores has been spent on school education in the last three years. In the academic year 2022-2023, more than 40, 31, 239 children were studying in government schools.

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.

There is 1 question to complete.