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      Question

      What is the total duration of the World Bank loan

      provided to Uttar Pradesh, including the grace period?
      A 5 years Correct Answer Incorrect Answer
      B 7 years Correct Answer Incorrect Answer
      C 8 years Correct Answer Incorrect Answer
      D 10 years Correct Answer Incorrect Answer
      E 15 years Correct Answer Incorrect Answer

      Solution

      The loan has a maturity period of 10 years, including a grace period of 2 years. Questions may ask either total tenure or break-up, so remembering both is useful.

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