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    Question

    ______ bank and Niti Aayog have collaborated up to work

    together to facilitate a program for faster and easier financing of electric vehicles (EV).
    A World Bank Correct Answer Incorrect Answer
    B Swiss Bank Correct Answer Incorrect Answer
    C HSBC Bank Correct Answer Incorrect Answer
    D ICICI Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    World Bank and NITI AAYOG are setting up a $300-million deal ‘first loss risk sharing instrument’, with State Bank of India (SBI) as its program manager. They want to enter this market which is very niche.

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