CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many millions Loan Agreement Signed with World Bank for Farmers in Tamil Nadu recently?
A
318
B
250
C
360
D
480
Explanation: 

Detailed explanation-1: -WASHINGTON, June 30, 2022-The World Bank Board of Executive Directors has approved a $190 million loan to the southern Indian state of Tamil Nadu to address the housing needs of the lower-income groups and vulnerable population.

Detailed explanation-2: -The World Bank on Friday said its board of executive directors has approved a $150 million (about Rs 1, 112 crore)program to support Tamil Nadu’s vision of making Chennai into a world-class city that is more green, livable, and resilient to climate change.

Detailed explanation-3: -₹24.85 lakh crore (US$311 billion) (2022–23 est.) 26.29% of GSDP (2022–23 est.) ₹90, 114 crore (US$11 billion) (3.63% of GSDP) (2022–23 est.)

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.

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