CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
World bank approved how many USD million loans for Punjab to improve finance & service delivery?
A
100
B
150
C
200
D
140
Explanation: 

Detailed explanation-1: -$150 Million World Bank Loan to Punjab to Improve Financial Management and Deliver Better Services to Citizens.

Detailed explanation-2: -The funds-starved coffers of Punjab government has got a loan of $150 million (approximately Rs 1,200 crore) from the World Bank to help the state better manage its financial resources and improve access to public services.

Detailed explanation-3: -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-4: -India received its first bank loan of US$34million from the IBRD in November 1948 for railway rehabilitation. Since then, India has become the country with the largest country program and its lending portfolio of the World Bank group inheres of 104 operations with a total volume of $27.1 billion.

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