CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
For which project Union Government signed Loan Agreement with World Bank recently?
A
UP Pro-Poor Tourism Development Project
B
Renewable energy
C
Solar Parks Project
D
STRIVE Project
Explanation: 

Detailed explanation-1: -The Government of India, State Governments of Karnataka and Odisha, and the World Bank have signed loan agreements of 115 million US dollars for the implementation of “Rejuvenating Watersheds for Agricultural Resilience through Innovative Development” (REWARD) Project.

Detailed explanation-2: -World Bank, GOI signed USD 115 million loan agreement for REWARD Project.

Detailed explanation-3: -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-4: -The six stages in the World Bank’s project cycle are: identification; preparation; appraisal; negotiation and board presentation; implementation and supervision; evaluation. Some project ideas never make it past the early phase of identification.

There is 1 question to complete.