New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following international organisation

    provide $4.5 bn loan for Bangladesh to combat economic crisis?
    A ADB Correct Answer Incorrect Answer
    B IBRD Correct Answer Incorrect Answer
    C IMF Correct Answer Incorrect Answer
    D World Bank Correct Answer Incorrect Answer
    E BRICS Bank Correct Answer Incorrect Answer

    Solution

    Bangladesh and the IMF reached a preliminary agreement under which the global lender will provide a USD 4.5 billion support package to stabilize its economy and protect the vulnerable people. The amount will be disbursed in seven installments till December 2026. The first installment of USD 447.48 million will be cleared in February,2023. IMF Headquarters: Washington, United States MD: Kristalina Georgieva

    Practice Next