Question

    Recently the Agriculture Ministry signed an MoU for Credit Strategic Partnership with which one of the following?

    A World Bank Correct Answer Incorrect Answer
    B IMF Correct Answer Incorrect Answer
    C UNDP Correct Answer Incorrect Answer
    D ADB Correct Answer Incorrect Answer
    E NDB Correct Answer Incorrect Answer

    Solution

    The Ministry of Agriculture and Farmers Welfare , the Government of India, and the United Nations Development Programme have signed a Memorandum of Understanding (MoU) under which UNDP will provide technical assistance to the Center’s ambitious Pradhan Mantri Fasal Bima Yojana (PMFBY) and Kisan Credit Card – Modified Interest Subvention Scheme. Kisan Credit Card – Modified Interest Subvention Scheme and Pradhan Mantri Fasal Bima Yojana were created with the goal of addressing the shortcomings of prior schemes and creating a structure that provides better implementation alternatives for all stakeholders while attaining the desired outcomes.

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