India-WB sign guarantee agreement for IBRD/CTF loan

Q.  The Union Government has signed a guarantee agreement for IBRD/CTF loan for Solar Parks Project with which international body?
- Published on 21 Nov 17

a. International Monetary Fund
b. United States Government
c. World Bank
d. Global Bank

ANSWER: World Bank
 
India-WB sign guarantee agreement for IBRD/CTF loanThe Union Government has signed a guarantee agreement for IBRD/CTF loan of US $98 million and Grant Agreement for US $2 million for Shared Infrastructure for Solar Parks Project with World Bank.

The objective Shared Infrastructure for Solar Parks Project is to increase solar generation capacity through establishment of large-scale parks in the country.

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