Current Context: The International Financial Body, World Bank has approved a loan for India to build STARS Project.
- A loan of $500 million i.e. to about Rs 3700 crore has been sanctioned by the World Bank.
- The STARS is basically an Education upliftment project which stands for ‘Strengthening Teaching- Learning and Results for State Program’.
- STARS Project is undertaken to improve the quality and governance of school education in 6 India states namely Himachal Pradesh, Kerala, Madhya Pradesh, Maharashtra, Odisha and Rajasthan.
- The project will be executed via Samagra Shiksha Abhiyan.
- Static Part:
- HQ of World Bank: Washington DC, United States
- President of World Bank: David Malpass.
Question:
Q.1 Which of the following organisation has approved a loan for India to execute STARS Project?
a. IMF
b. UNESCO
c. World Bank
d. AIIB
a. IMF
b. UNESCO
c. World Bank
d. AIIB
