World Bank will invest nearly 1, 000 crore rupees in which state for the betterment of the inland waterways.

2016

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

A	Assam
B	Kerala
C	Manipur
D	Punjab

Explanation:

Detailed explanation-1: -Rs 1, 000 crore World Bank loan to expand West Bengal’s social schemes. KOLKATA: The World Bank has approved a $125-million loan (around Rs 1, 000 crore) to Bengal to expand coverage of around 400 state-run social schemes, especially direct cash transfers targeted at the vulnerable sections, over the next four years.

Detailed explanation-2: -The press release added, “The World Bank has approves a loan of $125 million (Around Rs 1, 000 crore) to West Bengal for inclusive social protection – A huge recognition of the honourable Chief Minister’s Schemes of social pension to the vulnerable groups of the society.”

Detailed explanation-3: -The World Bank has signed a $105 million project with the Government of India and the Government of West Bengal to improve the inland water transport infrastructure in Kolkata, West Bengal.

Detailed explanation-4: -WORLD BANK GROUP PROGRAM The three largest portfolios are Agriculture (15 operations totaling $3.7 billion in commitments), Urban Development (17 projects totaling $3.2 billion), and Transport (10 projects totaling $2.9 billion).

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