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Consider the following statements and identify the right ones.
i. Low income countries are eligible to receive low interest loans from IDA
ii. India is eligible for a blend of financial assistance from IDA and IBRD
i. Low income countries are eligible to receive low interest loans from IDA
ii. India is eligible for a blend of financial assistance from IDA and IBRD
- a)I only
- b)ii only
- c)both
- d)none
Correct answer is option 'C'. Can you explain this answer?
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Consider the following statements and identify the right ones.i. Low i...
IBRD aims at reducing poverty in middle income and credit-worthy poor countries.
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Consider the following statements and identify the right ones.i. Low i...
IDA and IBRD are two arms of the World Bank Group that provide financial assistance to countries. The International Development Association (IDA) focuses on providing financial support to the world's poorest countries, while the International Bank for Reconstruction and Development (IBRD) provides loans to middle-income and creditworthy low-income countries.
i. Low income countries are eligible to receive low interest loans from IDA:
This statement is correct. IDA provides low-interest loans and grants to the world's poorest countries to support their development efforts. These loans have significantly lower interest rates compared to market rates and are designed to help these countries overcome their economic and social challenges.
ii. India is eligible for a blend of financial assistance from IDA and IBRD:
This statement is also correct. India is classified as a middle-income country and is eligible to receive financial assistance from both IDA and IBRD. As a middle-income country, India can access both low-interest loans from IDA and market-based loans from IBRD. This blend of financial assistance allows India to meet its development needs and implement projects that require different types of financing.
India has been a beneficiary of IDA funding since its inception in 1960. Over the years, India has received significant financial support from the IDA to address poverty, improve infrastructure, and promote inclusive growth. At the same time, India has also accessed financing from IBRD to support its development priorities.
In conclusion, low-income countries are eligible to receive low-interest loans from IDA, and India, as a middle-income country, is eligible for a blend of financial assistance from both IDA and IBRD. This allows countries like India to access the necessary funding to address their development challenges and promote sustainable growth.
i. Low income countries are eligible to receive low interest loans from IDA:
This statement is correct. IDA provides low-interest loans and grants to the world's poorest countries to support their development efforts. These loans have significantly lower interest rates compared to market rates and are designed to help these countries overcome their economic and social challenges.
ii. India is eligible for a blend of financial assistance from IDA and IBRD:
This statement is also correct. India is classified as a middle-income country and is eligible to receive financial assistance from both IDA and IBRD. As a middle-income country, India can access both low-interest loans from IDA and market-based loans from IBRD. This blend of financial assistance allows India to meet its development needs and implement projects that require different types of financing.
India has been a beneficiary of IDA funding since its inception in 1960. Over the years, India has received significant financial support from the IDA to address poverty, improve infrastructure, and promote inclusive growth. At the same time, India has also accessed financing from IBRD to support its development priorities.
In conclusion, low-income countries are eligible to receive low-interest loans from IDA, and India, as a middle-income country, is eligible for a blend of financial assistance from both IDA and IBRD. This allows countries like India to access the necessary funding to address their development challenges and promote sustainable growth.
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Consider the following statements and identify the right ones.i. Low income countries are eligible to receive low interest loans from IDAii. India is eligible for a blend of financial assistance from IDA and IBRDa)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'C'. Can you explain this answer?
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Consider the following statements and identify the right ones.i. Low income countries are eligible to receive low interest loans from IDAii. India is eligible for a blend of financial assistance from IDA and IBRDa)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements and identify the right ones.i. Low income countries are eligible to receive low interest loans from IDAii. India is eligible for a blend of financial assistance from IDA and IBRDa)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements and identify the right ones.i. Low income countries are eligible to receive low interest loans from IDAii. India is eligible for a blend of financial assistance from IDA and IBRDa)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'C'. Can you explain this answer?.
Consider the following statements and identify the right ones.i. Low income countries are eligible to receive low interest loans from IDAii. India is eligible for a blend of financial assistance from IDA and IBRDa)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements and identify the right ones.i. Low income countries are eligible to receive low interest loans from IDAii. India is eligible for a blend of financial assistance from IDA and IBRDa)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements and identify the right ones.i. Low income countries are eligible to receive low interest loans from IDAii. India is eligible for a blend of financial assistance from IDA and IBRDa)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'C'. Can you explain this answer?.
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Consider the following statements and identify the right ones.i. Low income countries are eligible to receive low interest loans from IDAii. India is eligible for a blend of financial assistance from IDA and IBRDa)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Consider the following statements and identify the right ones.i. Low income countries are eligible to receive low interest loans from IDAii. India is eligible for a blend of financial assistance from IDA and IBRDa)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Consider the following statements and identify the right ones.i. Low income countries are eligible to receive low interest loans from IDAii. India is eligible for a blend of financial assistance from IDA and IBRDa)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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