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    Question

    ┬а The World Bank┬а has approved a USD 363 million loan

    to _______ to provide clean drinking water supply to two million rural households in the state through a piped water connection in their homes.
    A Odisha Correct Answer Incorrect Answer
    B Tamil Nadu Correct Answer Incorrect Answer
    C Karnataka Correct Answer Incorrect Answer
    D West Bengal Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ┬а The World Bank has announced a loan of $100 million from the International Bank of Reconstruction and Development (IBRD)┬а for Odisha, to help the State strengthen its early forecasting systems for improved response to disasters; and enhance its social protection coverage for poor and vulnerable households, through digital platforms. ┬а┬а┬а The program had a maturity of 12.5 years with a grace period of three years. ┬а┬а┬а It has also approved a USD 363 million loan to Karnataka to provide clean drinking water supply to two million rural households in the state through a piped water connection in their homes. ┬а┬а┬а┬а The loan has a maturity of 13.5 years including a grace period of two years.

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