BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Government of India has signed a loan deal worth USD 200 million with the World Bank for
A
APY
B
PMKSY
C
NIRVAAN
D
POSHAN
Explanation: 

Detailed explanation-1: -world bank: India, World Bank sign USD 200 million loan deal for national nutrition mission-The Economic Times.

Detailed explanation-2: -World Bank Approves $750 Million Loan to India to Catalyze Private Financing and Support Economic Growth.

Detailed explanation-3: -World Bank Approves $1 Billion to Support India’s Health Sector for Pandemic Preparedness and Enhanced Health Service Delivery. WASHINGTON, June 28, 2022-The World Bank Board of Executive Directors today approved two complementary loans of $500 million each to support and enhance India’s health sector.

Detailed explanation-4: -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.

There is 1 question to complete.