CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The World Bank has funded how much money to India to fight against COVID-19?
A
3 billion USD
B
1 billion USD
C
5 billion USD
D
2 billion USD
Explanation: 

Detailed explanation-1: -This takes the total commitment from the Bank towards emergency COVID-19 response in India to $2 billion. A $1 billion support was announced last month towards immediate support to India’s health sector.

Detailed explanation-2: -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-3: -The World Bank lends around US$27.1 billion to India, which makes it the largest country of IBRD support.

Detailed explanation-4: -From April 2020 through June 2021, we committed $8.4 billion for 153 operations under the MPA and reprioritized $3.1 billion from the portfolio to support over 100 countries in their response to the pandemic.

Detailed explanation-5: -World Bank Approves $750 Million to Support Critical Governance Reforms, Transport Infrastructure, and Digital Connectivity in the Democratic Republic of Congo.

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