CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many million loans did India signed agreement with World Bank to fund improved water supply in Uttarakhand?
A
120
B
150
C
180
D
250
Explanation: 

Detailed explanation-1: -World Bank Signs $31.58 million Loan Agreement to Help Strengthen Uttarakhand’s Public Financial Management Systems.

Detailed explanation-2: -Of the $750 million commitment, $667 million will be will be a loan from the International Bank for Reconstruction and Development (IBRD), and $83 million will be financed by a credit from the International Development Association (IDA), the World Bank’s concessionary lending arm.

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: -Rajasthan: $300-million ADB loan for water supply, sanitation projects-The Hindu BusinessLine.

Detailed explanation-5: -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.

There is 1 question to complete.