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    Question

    The World Bank has granted a loan of $150 million to

    _______ for improving finances and public services.
    A Kerala Correct Answer Incorrect Answer
    B Hyderabad Correct Answer Incorrect Answer
    C Punjab Correct Answer Incorrect Answer
    D West Bengal Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The World Bank has granted a loan of $150 million to help Punjab in managing financial resources and ensure accessible public service. The $150 million loan has a maturity period of 15 years which includes 6 months period.The main aim of providing monetary support to the state to bolster the capabilities of various government departments, help them manage fiscal risks, and make informed policy choices to support sustainable growth.

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