GK
INTERNATIONAL ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Helping our country
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Helping another country in need
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Either A or B
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None of the above
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Detailed explanation-1: -Foreign aid is defined as the international transfer of capital, goods, or services from one country to another for the benefit of the recipient country or its people. Aid might be financial, military, or humanitarian in nature.
Detailed explanation-2: -The term foreign aid refers to any type of assistance that one country voluntarily transfers to another, which can take the form of a gift, grant, or loan. Most people tend to think of foreign aid as capital, but it can also be food, supplies, and services such as humanitarian aid and military assistance.
Detailed explanation-3: -Indian aid receiving countries are Bhutan, Nepal, Afghanistan, Mauritius, Seychelles, Maldives, African nations, Caribbean nations and a few others. Over the years India has funded several infrastructure, development and other projects in many countries worth billions of USD.