The Central government and the.....have signed 300 million dollar loan agreements for India Energy Efficiency Scale up Programme.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Central government and the____have signed 300 million dollar loan agreements for India Energy Efficiency Scale up Programme.

A	Asian Infrastructure Investment Bank
B	New Development Bank
C	International Monetary Fund
D	World Bank

Explanation:

Detailed explanation-1: -World Bank Approves $750 Million Loan to India to Catalyze Private Financing and Support Economic Growth.

Detailed explanation-2: -WASHINGTON, DC, September, 21, 2022-The World Bank’s Executive Board of Directors today approved a $350 million loan to the western Indian state of Gujarat to improve the quality and access of its public healthcare services, with special focus on adolescent girls and disease surveillance.

Detailed explanation-3: -India Energy Efficiency Scale-Up Program: Objectives To expand the distribution of energy-saving appliances in the public and residential sectors. To strengthen EESL’s institutional capacity, and improve its access to commercial financing. To help schemes like UJALA and Street Lighting National Program (SLNP).

Detailed explanation-4: -India is a member of four of the five constituents of the World Bank Group (www.worldbank.org.in ) viz., International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA).

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