CURRENT AFFAIRS

2022

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The IBRD arm of the World Bank has recently approved a loan worth $115 million for the State Governments of Karnataka and Odisha, for the implementation of which project?

A	SHIELD
B	DREAM
C	REWARD
D	METRO

Explanation:

Detailed explanation-1: -The Government of India, the State Governments of Karnataka and Odisha and the World Bank have signed a $115 million (INR 869 crore) Rejuvenating Watersheds for Agricultural Resilience through Innovative Development (REWARD) Programme.

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: -UPSC Mains ’REWARD’ project, which was making news recently, is to be implemented by which state? Notes: The state cabinet of Odisha approved the implementation of ‘Rejuvenating Watersheds for Agricultural Resilience through Innovative Development (REWARD)’ project.

Detailed explanation-4: -About the REWARD Project Rejuvenating Watersheds for Agricultural Resilience through Innovative Development (REWARD) is a project which is being implemented in three-four Indian states. It is planned as a six-year project and is one of the largest water management programs around the world.

There is 1 question to complete.