2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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World Bank
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AIIB
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ADB
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IMF
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Detailed explanation-1: -The National Rural Economic Transformation Project (NRETP) is an additional financing to the $500 million National Rural Livelihoods Project (NRLP) approved by the World Bank in July 2011.
Detailed explanation-2: -The Ministry of Rural Development (MORD) has launched NRETP with an aim to promote cluster development in the farm and nonfarm sector. The key focus of the project is to transform the economic participation of institutional groups by enabling them to engage in farm and non-farm activities with a strong footing.
Detailed explanation-3: -National Rural Livelihood Mission (NRLM) National Rural Livelihood Mission.
Detailed explanation-4: -Duration: The $250 Million Loan from the International Bank for Reconstruction and Development (IBRD), has a 5-year grace period, and a final maturity of 20 years.