New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Atal Bhujal Yojana is a groundwater management scheme.

    The scheme is being funded by the Government of India and which of the following?
    A International Monetary Fund Correct Answer Incorrect Answer
    B World Bank Correct Answer Incorrect Answer
    C Asian Development Bank Correct Answer Incorrect Answer
    D The World Economic Forum Correct Answer Incorrect Answer

    Solution

    Atal Bhujal Yojana  is a central sector scheme worth Rs. 6,000 crore which aims for sustainable management of groundwater with community participation. · It is being implemented by the Ministry of Jal Shakti (earlier known as Ministry of Water Resources, River Development and Ganga Rejuvenation) . · The scheme is being funded by the Government of India and the World Bank on 50:50 basis. · The identified over-exploited and water-stressed areas for the implementation of the scheme are Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, and Uttar Pradesh. Note : Atal Bhujal Yojana was launched by Prime Minister, Narendra Modi on the 95th birth anniversary of former Prime Minister Atal Bihari Vajpayee (i.e., on 25 December 2019) .

    Practice Next