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      Question

      The Asian Infrastructure Investment Bank (AIIB) launched

      a USD 10 billion financing facility named EFSERF in May 2026. What does EFSERF stand for?
      A Emerging Financial Stability and Economic Recovery Fund Correct Answer Incorrect Answer
      B Energy, Food Security and Economic Resilience Facility Correct Answer Incorrect Answer
      C European and South-East Asian Relief Facility Correct Answer Incorrect Answer
      D Emergency Food, Shelter and Economic Reconstruction Fund Correct Answer Incorrect Answer
      E Energy, Food, Sustainability and Emergency Response Fund Correct Answer Incorrect Answer

      Solution

      AIIB launched the 'Energy, Food Security and Economic Resilience Facility (EFSERF)', a USD 10 billion financing facility to help member countries tackle the economic impact arising from the ongoing Middle East conflict, providing budgetary assistance, funding for critical imports, liquidity support, and refinancing aid.

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