CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The US government has announced a grant of how much dollars to India to fight COVID-19?
A
$1.9 million
B
$2.9 million
C
$3.9 million
D
$4.9 million
Explanation: 

Detailed explanation-1: -Aid received The United States Agency for International Development (USAID) compiled and published a data in 2015 indicating that from the period 1946-2012, India has been the recipient of highest aid from United States.

Detailed explanation-2: -The Government six years ago said it would stop sending aid to India – but it later emerged that it still sends money for what it terms ‘technical assistance’. The previous report reveals that between 2018 and 2019, the total aid budget sent to India’s government increased by 14 per cent to £107.8million.

Detailed explanation-3: -Mortgage forbearance and a moratorium on foreclosures on federally backed mortgages for 180 days. $500 billion in government lending to companies affected by the pandemic. $349 billion in loans and grants to small businesses through the PPP and the expanded Economic Injury Disaster Loan (EIDL) program.

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