Recently, India has signed a Loan Agreement with which of the following international organisations for “Himachal Pradesh Public Financial Management Capacity Building Program”?
A. IMF
B. World Bank
C. Asian Development Bank
D. World Economic Forum
Answer:B
Recently, India has signed a Loan Agreement with which of the following international organisations for “Himachal Pradesh Public Financial Management Capacity Building Program”?
A. IMF B. World Bank C. Asian Development Bank D. World Economic Forum
Explanation: An agreement for IBRD Credit of USD 36 Million from World Bank for “Himachal Pradesh Public Financial Management Capacity Building Program” was signed on 1st June 2017 in New Delhi by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Kamal Ahmad, Country Director, World Bank (India) on behalf of the World Bank. The Implementing Entity Agreement was signed by the Additional Director, Treasuries, Accounts and Lotteries, on behalf of the Government of Himachal Pradesh (GoHP), and the Country Director (India) on behalf of the World Bank.