{"id":91842,"date":"2025-06-01T11:07:40","date_gmt":"2025-06-01T11:07:40","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91842"},"modified":"2025-06-01T11:07:40","modified_gmt":"2025-06-01T11:07:40","slug":"with-reference-to-watercredit-consider-the-following-statements","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-watercredit-consider-the-following-statements\/","title":{"rendered":"With reference to &#8216;WaterCredit&#8217;, consider the following statements:"},"content":{"rendered":"<p>With reference to &#8216;WaterCredit&#8217;, consider the following statements:<\/p>\n<ul>\n<li>It puts microfinance tools to work in the water and sanitation sector.<\/li>\n<li>It is a global initiative launched under the aegis of the World Health Organization and the World Bank.<\/li>\n<li>It aims to enable the poor people to meet their water needs without depending on subsidies.<\/li>\n<\/ul>\n<p>Which of the statements given above are correct?<\/p>\n<p>[amp_mcq option1=&#8221;1 and 2 only&#8221; option2=&#8221;2 and 3 only&#8221; option3=&#8221;1 and 3 only&#8221; option4=&#8221;1, 2 and 3&#8243; correct=&#8221;option3&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC IAS &#8211; 2021<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-ias-2021.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-ias-2021\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nStatements 1 and 3 are correct.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\nStatement 1 is correct: WaterCredit is an initiative of Water.org that applies microfinance principles to address the water and sanitation crisis. It partners with financial institutions to offer small, affordable loans to people in need of access to safe water and sanitation.<br \/>\nStatement 2 is incorrect: WaterCredit is an initiative of the non-profit organization Water.org. While Water.org works with many partners and global organizations, it was not launched specifically under the aegis of the World Health Organization (WHO) and the World Bank.<br \/>\nStatement 3 is correct: A primary goal of WaterCredit is to provide access to finance that enables poor individuals and families to invest in water and sanitation solutions (like building a toilet or connecting to a water supply) without relying solely on potentially scarce or unavailable government subsidies or charity.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nWater.org estimates that millions of people have gained access to safe water or sanitation through WaterCredit. The model aims to be sustainable by using loan repayments to fund further projects.<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>With reference to &#8216;WaterCredit&#8217;, consider the following statements: It puts microfinance tools to work in the water and sanitation sector. It is a global initiative launched under the aegis of the World Health Organization and the World Bank. It aims to enable the poor people to meet their water needs without depending on subsidies. Which &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"With reference to &#8216;WaterCredit&#8217;, consider the following statements:\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-watercredit-consider-the-following-statements\/#more-91842\">Detailed Solution<span class=\"screen-reader-text\">With reference to &#8216;WaterCredit&#8217;, consider the following statements:<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1110,1112],"class_list":["post-91842","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1110","tag-economic-and-social-development","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>With reference to &#039;WaterCredit&#039;, consider the following statements:<\/title>\n<meta name=\"description\" content=\"Statements 1 and 3 are correct. Statement 1 is correct: WaterCredit is an initiative of Water.org that applies microfinance principles to address the water and sanitation crisis. It partners with financial institutions to offer small, affordable loans to people in need of access to safe water and sanitation. Statement 2 is incorrect: WaterCredit is an initiative of the non-profit organization Water.org. While Water.org works with many partners and global organizations, it was not launched specifically under the aegis of the World Health Organization (WHO) and the World Bank. Statement 3 is correct: A primary goal of WaterCredit is to provide access to finance that enables poor individuals and families to invest in water and sanitation solutions (like building a toilet or connecting to a water supply) without relying solely on potentially scarce or unavailable government subsidies or charity.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-watercredit-consider-the-following-statements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"With reference to &#039;WaterCredit&#039;, consider the following statements:\" \/>\n<meta property=\"og:description\" content=\"Statements 1 and 3 are correct. Statement 1 is correct: WaterCredit is an initiative of Water.org that applies microfinance principles to address the water and sanitation crisis. It partners with financial institutions to offer small, affordable loans to people in need of access to safe water and sanitation. Statement 2 is incorrect: WaterCredit is an initiative of the non-profit organization Water.org. While Water.org works with many partners and global organizations, it was not launched specifically under the aegis of the World Health Organization (WHO) and the World Bank. Statement 3 is correct: A primary goal of WaterCredit is to provide access to finance that enables poor individuals and families to invest in water and sanitation solutions (like building a toilet or connecting to a water supply) without relying solely on potentially scarce or unavailable government subsidies or charity.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-watercredit-consider-the-following-statements\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T11:07:40+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"With reference to 'WaterCredit', consider the following statements:","description":"Statements 1 and 3 are correct. Statement 1 is correct: WaterCredit is an initiative of Water.org that applies microfinance principles to address the water and sanitation crisis. It partners with financial institutions to offer small, affordable loans to people in need of access to safe water and sanitation. Statement 2 is incorrect: WaterCredit is an initiative of the non-profit organization Water.org. While Water.org works with many partners and global organizations, it was not launched specifically under the aegis of the World Health Organization (WHO) and the World Bank. Statement 3 is correct: A primary goal of WaterCredit is to provide access to finance that enables poor individuals and families to invest in water and sanitation solutions (like building a toilet or connecting to a water supply) without relying solely on potentially scarce or unavailable government subsidies or charity.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-watercredit-consider-the-following-statements\/","og_locale":"en_US","og_type":"article","og_title":"With reference to 'WaterCredit', consider the following statements:","og_description":"Statements 1 and 3 are correct. Statement 1 is correct: WaterCredit is an initiative of Water.org that applies microfinance principles to address the water and sanitation crisis. It partners with financial institutions to offer small, affordable loans to people in need of access to safe water and sanitation. Statement 2 is incorrect: WaterCredit is an initiative of the non-profit organization Water.org. While Water.org works with many partners and global organizations, it was not launched specifically under the aegis of the World Health Organization (WHO) and the World Bank. Statement 3 is correct: A primary goal of WaterCredit is to provide access to finance that enables poor individuals and families to invest in water and sanitation solutions (like building a toilet or connecting to a water supply) without relying solely on potentially scarce or unavailable government subsidies or charity.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-watercredit-consider-the-following-statements\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T11:07:40+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-watercredit-consider-the-following-statements\/","url":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-watercredit-consider-the-following-statements\/","name":"With reference to 'WaterCredit', consider the following statements:","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T11:07:40+00:00","dateModified":"2025-06-01T11:07:40+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"Statements 1 and 3 are correct. Statement 1 is correct: WaterCredit is an initiative of Water.org that applies microfinance principles to address the water and sanitation crisis. It partners with financial institutions to offer small, affordable loans to people in need of access to safe water and sanitation. Statement 2 is incorrect: WaterCredit is an initiative of the non-profit organization Water.org. While Water.org works with many partners and global organizations, it was not launched specifically under the aegis of the World Health Organization (WHO) and the World Bank. Statement 3 is correct: A primary goal of WaterCredit is to provide access to finance that enables poor individuals and families to invest in water and sanitation solutions (like building a toilet or connecting to a water supply) without relying solely on potentially scarce or unavailable government subsidies or charity.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-watercredit-consider-the-following-statements\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-watercredit-consider-the-following-statements\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/with-reference-to-watercredit-consider-the-following-statements\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC IAS","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-ias\/"},{"@type":"ListItem","position":3,"name":"With reference to &#8216;WaterCredit&#8217;, consider the following statements:"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/91842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=91842"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/91842\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=91842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=91842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=91842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}