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

    Question

    Consider the following statements about Allied Climate

    Partners (ACP): 1. At COP28, ACP joined International Finance Corporation in a climate financing. 2. It entirely focuses on investments in Southeast Asia and African countries. 3. It is a philanthropic investment organization and it is not a United Nations affiliated body. Which of the statements given above is/are not correct?
    A 1 only Correct Answer Incorrect Answer
    B 1 and 2 both Correct Answer Incorrect Answer
    C 2 and 3 both Correct Answer Incorrect Answer
    D 2 only Correct Answer Incorrect Answer

    Solution

    At COP28, Allied Climate Partners joined International Finance Corporation in a climate financing venture to try to generate $11 billion in investments in developing countries. COP28. It is a philanthropic investment organization. It initially focus regions are Southeast Asia, the Caribbean and Central America, Africa, and India. It is not a United Nations affiliated body

    Practice Next

    Relevant for Exams: