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Question

The World Bank approved a USD 225 million loan for the Rajasthan Highway Modernization Project. What is the maturity period of this IBRD loan?

A 25 years with 3-year grace period

B 30 years with 4-year grace period

C 35 years with 5-year grace period

D 40 years with 6-year grace period

E 45 years with 7-year grace period

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