BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The World Bank has approved how much amount to expand the use of clean renewable energy in rural areas of Bangladesh where grid electricity cannot reach easily?
A
$ 50mn
B
$ 215mn
C
$ 100mn
D
$ 55mn
Explanation: 

Detailed explanation-1: -The spread share of the energy supply is 55per cent, 27 per cent and 15 per cent from national natural gas, biomass and waste in pastoral areas and imported oil respectively. Currently (2022), the country relies essentially on natural gas, other fossil fuels and biofuels.

Detailed explanation-2: -Sustainable Development Goals (SDG) for affordable and clean energy. Under this goal, known as SDG 7, Bangladesh has to increase its clean energy consumption to 10% by 2030.

Detailed explanation-3: -POWER AND ENERGY The role of power sector in socio-economic development, industrialisation and poverty alleviation of the country is immense. During FY 2021-22 (up to January 2022), total installed electricity generation capacity stood at 22, 066 MW which was 25, 284 MW including captive and renewable energy.

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