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West Bengal gets Rs 1950 Crore Loan from World Bank

Published on June 10, 2020
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
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