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      Question

      The USD 300 million loan provided by the World Bank to

      Uttar Pradesh includes a grace period of how many years?
      A 1 year Correct Answer Incorrect Answer
      B 2 years Correct Answer Incorrect Answer
      C 3 years Correct Answer Incorrect Answer
      D 4 years Correct Answer Incorrect Answer
      E 5 years Correct Answer Incorrect Answer

      Solution

      The World Bank loan to Uttar Pradesh has a total tenure of 10 years, which includes a grace period of 2 years. A grace period refers to the time during which repayment is not required.Β 

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