Fill in the blank above in passeage : The Global

Collaborative Co - Financing Platform launched by MDBs aims to ______ .

A decrease renewable energy production Correct Answer Incorrect Answer

B increase transaction costs Correct Answer Incorrect Answer

C enhance efficiency and transparency in development financing Correct Answer Incorrect Answer

D dismantle existing development banks Correct Answer Incorrect Answer

E privatize national energy assets Correct Answer Incorrect Answer

Solution

The primary goal of the new Global Collaborative Co - Financing Platform is to improve the efficiency and transparency of development financing . This is achieved through features like a digital Co - Financing Portal and a Co - Financing Forum to discuss best practices, aimed at reducing the administrative burden and transaction costs for partner countries, thus facilitating better coordinated financing .

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RBI Grade B

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