World Banks Board of Executive Directors has approved a loan assistance of.....million dollars for the Assam State Public Finance Institutional Reforms (ASPIRe) Project.

BANKING GENERAL KNOWLEDGE

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

World Bank’s Board of Executive Directors has approved a loan assistance of____million dollars for the Assam State Public Finance Institutional Reforms (ASPIRe) Project.

A	103 million dollars
B	44 million dollars
C	502 million dollars
D	328 million dollars

Explanation:

Detailed explanation-1: -18–25 trillion[1], respectively.

Detailed explanation-2: -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-3: -The correct answer is World Bank. The Inland Water Transport (IWT) Department has signed an MoU with the World Bank for a Rs 770 crore loan to improve river transportation in Assam.

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.