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Consider the following statements with respect to International Fund for Agricultural Development (IFAD):
1. It is a specialized United Nations agency.
2. It is a multilateral development institution that focuses on transforming rural economies and food systems.
3. It releases the Rural Development Report annually.
1. It is a specialized United Nations agency.
2. It is a multilateral development institution that focuses on transforming rural economies and food systems.
3. It releases the Rural Development Report annually.
Q. Which of the statements given above are correct?
- a)1 and 2 only
- b)2 and 3 only
- c)1 and 3 only
- d)1, 2 and 3
Correct answer is option 'D'. Can you explain this answer?
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Consider the following statements with respect to International Fund f...
International Fund for Agricultural Development (IFAD)
The International Fund for Agricultural Development (IFAD) is a specialized agency of the United Nations that aims to address rural poverty and promote sustainable development in rural areas. It was established in 1977 and has its headquarters in Rome, Italy. IFAD works closely with developing countries to develop and finance agricultural and rural development projects.
Statement 1: It is a specialized United Nations agency.
This statement is correct. IFAD is indeed a specialized agency of the United Nations. It is one of the 15 specialized agencies of the UN system, with a specific focus on agricultural and rural development. As a specialized agency, IFAD operates independently but works in collaboration with other UN agencies and organizations to achieve its objectives.
Statement 2: It is a multilateral development institution that focuses on transforming rural economies and food systems.
This statement is also correct. IFAD's main objective is to eradicate rural poverty and hunger by investing in agriculture and rural development. It aims to improve the livelihoods of smallholder farmers, rural entrepreneurs, and vulnerable rural populations. IFAD focuses on transforming rural economies by promoting inclusive and sustainable agricultural practices, enhancing access to markets and financial services, and strengthening rural institutions.
Statement 3: It releases the Rural Development Report annually.
This statement is incorrect. IFAD does not release the Rural Development Report annually. However, IFAD does publish various reports, studies, and research papers on rural development, agriculture, and related topics. These publications provide valuable insights and information for policymakers, researchers, and development practitioners.
Therefore, the correct answer is option D: 1, 2, and 3. IFAD is a specialized United Nations agency that focuses on transforming rural economies and food systems. While it does not release the Rural Development Report annually, it does publish various reports and publications on rural development.
The International Fund for Agricultural Development (IFAD) is a specialized agency of the United Nations that aims to address rural poverty and promote sustainable development in rural areas. It was established in 1977 and has its headquarters in Rome, Italy. IFAD works closely with developing countries to develop and finance agricultural and rural development projects.
Statement 1: It is a specialized United Nations agency.
This statement is correct. IFAD is indeed a specialized agency of the United Nations. It is one of the 15 specialized agencies of the UN system, with a specific focus on agricultural and rural development. As a specialized agency, IFAD operates independently but works in collaboration with other UN agencies and organizations to achieve its objectives.
Statement 2: It is a multilateral development institution that focuses on transforming rural economies and food systems.
This statement is also correct. IFAD's main objective is to eradicate rural poverty and hunger by investing in agriculture and rural development. It aims to improve the livelihoods of smallholder farmers, rural entrepreneurs, and vulnerable rural populations. IFAD focuses on transforming rural economies by promoting inclusive and sustainable agricultural practices, enhancing access to markets and financial services, and strengthening rural institutions.
Statement 3: It releases the Rural Development Report annually.
This statement is incorrect. IFAD does not release the Rural Development Report annually. However, IFAD does publish various reports, studies, and research papers on rural development, agriculture, and related topics. These publications provide valuable insights and information for policymakers, researchers, and development practitioners.
Therefore, the correct answer is option D: 1, 2, and 3. IFAD is a specialized United Nations agency that focuses on transforming rural economies and food systems. While it does not release the Rural Development Report annually, it does publish various reports and publications on rural development.
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Consider the following statements with respect to International Fund f...
- International Fund for Agricultural Development (IFAD) is an international financial institution and specialized United Nations agency based in Rome, the UN’s food and agriculture hub. Since 1978, we have provided US$23.2 billion in grants and low-interest loans to projects that have reached an estimated 518 million people. International Fund for Agricultural Development (IFAD) invests in rural people, empowering them to increase their food security, improve the nutrition of their families and increase their incomes. Hence statement 1 is correct.
- IFAD is the only multilateral development institution that focuses exclusively on transforming rural economies and food systems. It works in remote regions of developing countries and fragile situations, where few aid agencies or international financial institutions venture. Hence statement 2 is correct.
- IFAD publishes the Rural Development Report annually. Rural Development Report 2021 calls for a revolutionary transformation of the world’s food systems. The 2021 report is focussed on the theme 'Transforming Food Systems for Rural Prosperity'. Hence statement 3 is correct.
- In the context of recent food crisis in Sri Lanka, the International Fund for Agricultural Development (IFAD) and Sri Lanka are working together to promote the island’s agriculture-based economy.
- IFAD recently released report titled 'Transforming Food Systems for Rural Prosperity'. In this report, IFAD observed Transforming global food systems to become more inclusive, fair and sustainable may seem an insurmountable challenge, but there are concrete actions policymakers can take.
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Consider the following statements with respect to International Fund for Agricultural Development (IFAD):1. It is a specialized United Nations agency.2. It is a multilateral development institution that focuses on transforming rural economies and food systems.3. It releases the Rural Development Report annually.Q. Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?
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Consider the following statements with respect to International Fund for Agricultural Development (IFAD):1. It is a specialized United Nations agency.2. It is a multilateral development institution that focuses on transforming rural economies and food systems.3. It releases the Rural Development Report annually.Q. Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements with respect to International Fund for Agricultural Development (IFAD):1. It is a specialized United Nations agency.2. It is a multilateral development institution that focuses on transforming rural economies and food systems.3. It releases the Rural Development Report annually.Q. Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements with respect to International Fund for Agricultural Development (IFAD):1. It is a specialized United Nations agency.2. It is a multilateral development institution that focuses on transforming rural economies and food systems.3. It releases the Rural Development Report annually.Q. Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
Consider the following statements with respect to International Fund for Agricultural Development (IFAD):1. It is a specialized United Nations agency.2. It is a multilateral development institution that focuses on transforming rural economies and food systems.3. It releases the Rural Development Report annually.Q. Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements with respect to International Fund for Agricultural Development (IFAD):1. It is a specialized United Nations agency.2. It is a multilateral development institution that focuses on transforming rural economies and food systems.3. It releases the Rural Development Report annually.Q. Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements with respect to International Fund for Agricultural Development (IFAD):1. It is a specialized United Nations agency.2. It is a multilateral development institution that focuses on transforming rural economies and food systems.3. It releases the Rural Development Report annually.Q. Which of the statements given above are correct?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
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