CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank approved USD 250 million for India’s road safety program?
A
SBI
B
World Bank
C
ADB
D
RBI
Explanation: 

Detailed explanation-1: -World Bank Approves $250 million Program for Making India’s Roads Safer. Your Browser does not support HTML5 Video tag or the video cannot be played. The new World Bank project is helping select Indian states reduce the impact that road crashes have, especially on the poor, the economy and on human capital.

Detailed explanation-2: -The correct answer is World Bank. The World Bank on 27 June 2022 approved a $250 million loan for the Indian government’s road safety programme that addresses the high road accident fatality rate in the country. This road safety programme will be implemented in seven States.

Detailed explanation-3: -Ministry of Road Transport & Highways, Government of India is observing the Road Safety Week from 11th to 17th January 2023, under “Swachhata Pakhwada", to propagate the cause of safer roads for all.

Detailed explanation-4: -It aims to fund network expansion of basic and advanced life support ambulances and training of first responder caregivers to road crash victims on the spot. The project will also provide incentives to the States to leverage private funding through Public Private Partnership (PPP) concessions and pilot initiatives.

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