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Which one of the following statements about the Global Environment Facility Grant Agreement, signed by India in August 2017 with the World Bank for ‘Ecosystems Service Improvement Project’, is not correct?
- a)The size of the project is about USD 25 million.
- b)The duration of the project is 15 years.
- c)The project will entirely be financed by the World Bank out of its GEF Trust Fund.
- d)The Ministry of Environment, Forest and Climate Change will implement the project.
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
Which one of the following statements about the Global Environment Fac...
- The project duration is 5 years and not 15 years.
- The objective of the Project is to strengthen the institutional capacity of the Departments of Forestry and Community Organizations to enhance forest ecosystem services and improve the livelihoods of forest dependent communities in Central Indian Highlands.
- It is being implemented by Ministry of Environment, Forest and Climate Change (MoEF&CC)
Note: States of Chhattisgarh and Madhya Pradesh are chosen for implementation.
Most Upvoted Answer
Which one of the following statements about the Global Environment Fac...
Incorrect Statement:
b) The duration of the project is 15 years.
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Explanation:
Size of the project:
- The correct statement is that the size of the project is about USD 25 million. This is the amount allocated for the project to support ecosystem service improvement efforts in India.
Financing of the project:
- The project will not entirely be financed by the World Bank out of its GEF Trust Fund. The Global Environment Facility (GEF) Grant Agreement was signed by India with the World Bank for the 'Ecosystems Service Improvement Project', which means that the funding for the project comes from the GEF Trust Fund, not solely from the World Bank.
Implementation of the project:
- The Ministry of Environment, Forest and Climate Change will implement the project. This means that the Indian government department responsible for environmental conservation and climate change will be overseeing the execution of the project.
Duration of the project:
- The incorrect statement is that the duration of the project is 15 years. The actual duration of the project may vary, but it is typically a shorter timeframe than 15 years for projects of this nature. The specific duration would have been outlined in the project agreement signed between India and the World Bank.
b) The duration of the project is 15 years.
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Explanation:
Size of the project:
- The correct statement is that the size of the project is about USD 25 million. This is the amount allocated for the project to support ecosystem service improvement efforts in India.
Financing of the project:
- The project will not entirely be financed by the World Bank out of its GEF Trust Fund. The Global Environment Facility (GEF) Grant Agreement was signed by India with the World Bank for the 'Ecosystems Service Improvement Project', which means that the funding for the project comes from the GEF Trust Fund, not solely from the World Bank.
Implementation of the project:
- The Ministry of Environment, Forest and Climate Change will implement the project. This means that the Indian government department responsible for environmental conservation and climate change will be overseeing the execution of the project.
Duration of the project:
- The incorrect statement is that the duration of the project is 15 years. The actual duration of the project may vary, but it is typically a shorter timeframe than 15 years for projects of this nature. The specific duration would have been outlined in the project agreement signed between India and the World Bank.
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Which one of the following statements about the Global Environment Facility Grant Agreement, signed by India in August 2017 with the World Bank for ‘Ecosystems Service Improvement Project’, is not correct?a)The size of the project is about USD 25 million.b)The duration of the project is 15 years.c)The project will entirely be financed by the World Bank out of its GEF Trust Fund.d)The Ministry of Environment, Forest and Climate Change will implement the project.Correct answer is option 'B'. Can you explain this answer?
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Which one of the following statements about the Global Environment Facility Grant Agreement, signed by India in August 2017 with the World Bank for ‘Ecosystems Service Improvement Project’, is not correct?a)The size of the project is about USD 25 million.b)The duration of the project is 15 years.c)The project will entirely be financed by the World Bank out of its GEF Trust Fund.d)The Ministry of Environment, Forest and Climate Change will implement the project.Correct answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Which one of the following statements about the Global Environment Facility Grant Agreement, signed by India in August 2017 with the World Bank for ‘Ecosystems Service Improvement Project’, is not correct?a)The size of the project is about USD 25 million.b)The duration of the project is 15 years.c)The project will entirely be financed by the World Bank out of its GEF Trust Fund.d)The Ministry of Environment, Forest and Climate Change will implement the project.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following statements about the Global Environment Facility Grant Agreement, signed by India in August 2017 with the World Bank for ‘Ecosystems Service Improvement Project’, is not correct?a)The size of the project is about USD 25 million.b)The duration of the project is 15 years.c)The project will entirely be financed by the World Bank out of its GEF Trust Fund.d)The Ministry of Environment, Forest and Climate Change will implement the project.Correct answer is option 'B'. Can you explain this answer?.
Which one of the following statements about the Global Environment Facility Grant Agreement, signed by India in August 2017 with the World Bank for ‘Ecosystems Service Improvement Project’, is not correct?a)The size of the project is about USD 25 million.b)The duration of the project is 15 years.c)The project will entirely be financed by the World Bank out of its GEF Trust Fund.d)The Ministry of Environment, Forest and Climate Change will implement the project.Correct answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Which one of the following statements about the Global Environment Facility Grant Agreement, signed by India in August 2017 with the World Bank for ‘Ecosystems Service Improvement Project’, is not correct?a)The size of the project is about USD 25 million.b)The duration of the project is 15 years.c)The project will entirely be financed by the World Bank out of its GEF Trust Fund.d)The Ministry of Environment, Forest and Climate Change will implement the project.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following statements about the Global Environment Facility Grant Agreement, signed by India in August 2017 with the World Bank for ‘Ecosystems Service Improvement Project’, is not correct?a)The size of the project is about USD 25 million.b)The duration of the project is 15 years.c)The project will entirely be financed by the World Bank out of its GEF Trust Fund.d)The Ministry of Environment, Forest and Climate Change will implement the project.Correct answer is option 'B'. Can you explain this answer?.
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