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Current Affairs

West Bengal gets Rs 1950 Crore Loan from World Bank

Current Context: World Bank has granted financial support by providing a loan amount of Rs 1950 crore to West Bengal.
West Bengal gets Rs 1950 Crore Loan from World Bank
  • The loan amount will help West Bengal to tackle the pandemic situation of COVID-19 and to carry out development work in the state.
  • Out of this total loan amount, Rs 850 crore will be utilised for social welfare schemes by West Bengal and rest Rs 1100 crore will be utilised for Industrial Infrastructure.
  • Static Part:
    • HQ of World Bank: Washington DC, United States
    • President of World Bank: David Malpass
    • CM of West Bengal: Mamata Banerjee
    • Governor of West Bengal: Jagdeep Dhankhar
    • National Parks and Wildlife sanctuaries in West Bengal: Buxa National Park, Gorumara National Park, Neora Valley NP, Sangalila NP, Sunderban NP, Jaldapara NP, Holiday Island WLS, Lothian Island WLS, Raiganj WLS, Senchal WLS, Ramnabagan WLS

Question: 

Q.1 Which of the following financial organisation has to lend a loan amount of Rs 1950 crore to West Bengal?
a. European Central Bank
b. OECD
c. International Monetary Fund
d. World Bank
West Bengal gets Rs 1950 Crore Loan from World Bank West Bengal gets Rs 1950 Crore Loan from World Bank Reviewed by Neha Verma on June 10, 2020 Rating: 5

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