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Indian Government signed a $100 million loan agreement with which International Financial Institution to promote rural economy in across 26 districts of Tamil Nadu (TN)?
  • a)
    Asian Infrastructure Investment Bank
  • b)
    International Monetary Fund
  • c)
    African Development Bank
  • d)
    Bank of International Settlements
  • e)
    World Bank
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
Indian Government signed a $100 million loan agreement with which Inte...
Indian Government and World Bank signed a $100 million loan agreement to promote rural economy in across 26 districts of Tamil Nadu (TN). Tamil Nadu Rural Transformation Project envisages creation of an enabling environment for producer organizations and enterprises to promote businesses in select value chains. Local communities will identify commodities and subsectors in the value chain for preparing business plans. 30% of the financing for these business plans will be raised through a grant program from the project and the remaining 70% will be raised by roping in various financial institutions. The project will boost rural enterprises by facilitating their access to finance. A booming rural enterprise will create employment opportunities for youth, particularly women, in selected blocks of Tamil Nadu across 26 districts. It is estimated that total 400000 people will get direct benefits from this project.
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Indian Government signed a $100 million loan agreement with which International Financial Institution to promote rural economy in across 26 districts of Tamil Nadu (TN)?a)Asian Infrastructure Investment Bankb)International Monetary Fundc)African Development Bankd)Bank of International Settlementse)World BankCorrect answer is option 'E'. Can you explain this answer?
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Indian Government signed a $100 million loan agreement with which International Financial Institution to promote rural economy in across 26 districts of Tamil Nadu (TN)?a)Asian Infrastructure Investment Bankb)International Monetary Fundc)African Development Bankd)Bank of International Settlementse)World BankCorrect answer is option 'E'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Indian Government signed a $100 million loan agreement with which International Financial Institution to promote rural economy in across 26 districts of Tamil Nadu (TN)?a)Asian Infrastructure Investment Bankb)International Monetary Fundc)African Development Bankd)Bank of International Settlementse)World BankCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Indian Government signed a $100 million loan agreement with which International Financial Institution to promote rural economy in across 26 districts of Tamil Nadu (TN)?a)Asian Infrastructure Investment Bankb)International Monetary Fundc)African Development Bankd)Bank of International Settlementse)World BankCorrect answer is option 'E'. Can you explain this answer?.
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