Question

    What is the loan amount sanctioned by World Bank for

    Skill India Mission Operation?
    A US$150 million Correct Answer Incorrect Answer
    B US$250 million Correct Answer Incorrect Answer
    C US$200 million Correct Answer Incorrect Answer
    D US$350 million Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The program development objective is to support the Government of India’s efforts to better equip its young workforce and increase the market relevance of short-term skill development programs (3-12 months or up to 600 hours) at the national and state level. IBRD Loan of US$250 million has been approved by The World Bank’s Board of Executive Directors on June 23, 2017.

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