GOI and World Bank to Develop Housing Projects in Tamil Nadu

Published on July 02, 2020
Current Context: Government of India has signed an agreement with World Bank to develop Housing Projects and provide affordable housing to the low- income groups in Tamil Nadu.
GOI and World Bank to Develop Housing Projects in Tamil Nadu
  • The agreement is signed to strengthen the state’s housing sector and associated policies with housing sector.
  • The agreement is signed to develop two housing projects in Tamil Nadu. The two projects accumulates with total loan agreement of $250 million.
  • The name of the two projects under this agreement are : (a)Tamil Nadu Housing Sector strengthening Programme: For thus out of the total loan amount, $200 million will be utilised (b)Tamil Nadu housing and Habitat Development Project: This project will utilize remaining loan amount of $50 million.
  • The loan amount is granted by the International Bank for Reconstruction and Development (IBRD) with a maturity period of 20 years including grace period of 3.5 years.
  • Static Part: 
    • CM Of Tamil Nadu: Thiru Edappadi K. Palaniswami
    • Governor of Tamil Nadu: Banwarilal Purohit
    • National Parks and Wild Life Sanctuaries in TN: Mudumalai National Park, Mukurthi National Park, Indira Gandhi (Annamalai) National Park, Guindy National Park, Gulf of Mannar Marine National Park, Cauvery North WLS, Chitrangudi Bird WLS, Gangaikondam Spotted Dear WLS, Kalakad WLS, Kanyakumari WLS, Kodaikanal WLS, Koonthankulam-Kadankulam WLS, Melaselvanoor-Keelaselvanoor WLS, Point Calimere WLS

Question: 

Q.1 GOI and the World Bank have signed an agreement to develop housing projects in which state?
a. Kerala
b. Bihar
c. Uttarakhand
d. Tamil Nadu

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ramandeep singh

My name is Ramandeep Singh. I authored the Quantitative Aptitude Made Easy book. I have been providing online courses and free study material for RBI Grade B, NABARD Grade A, SEBI Grade A and Specialist Officer exams since 2013.

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