The World Bank has recently sanctioned e loan of 944 million dollars to India, for which of the following sectors, the loan is not meant for ?

[amp_mcq option1=”Rural finance system” option2=”Vocational Training Programmes” option3=”Community-based water management projects” option4=”Rural roads and sanitation” correct=”option2″]

The correct answer is (b).

The World Bank has recently sanctioned a loan of $944 million to India for the following sectors:

  • Rural finance system: The loan will help to improve access to credit for rural households and businesses.
  • Community-based water management projects: The loan will help to improve water management in rural communities.
  • Rural roads and sanitation: The loan will help to improve rural roads and sanitation facilities.

Vocational Training Programmes are not included in the list of sectors that the loan is meant for.

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