The 'World Bank' in India provides loans primarily for: MCQ with Answer and Explanation

The 'World Bank' in India provides loans primarily for:
A. defence
B. development projects and economic reforms
C. elections
D. stock markets
Answer: Option B
Solution (By JKSSB Mock Tests)
World Bank loans in India finance development projects and economic reforms.

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Practice More Economy Set 1 Questions

Question #1
The 'Emergency Credit Line Guarantee Scheme' was launched to help MSMEs during:
A. COVID-19 pandemic
B. demonetization
C. flood
D. drought

Correct Answer: Option A


Explanation:
ECLGS was launched during the COVID-19 pandemic to provide credit to MSMEs.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Kyoto Protocol' was adopted in which year?
A. 2001
B. 1992
C. 1997
D. 2005

Correct Answer: Option C


Explanation:
The Kyoto Protocol was adopted in 1997.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Doha Round' of WTO negotiations began in which year?
A. 1999
B. 2010
C. 2005
D. 2001

Correct Answer: Option D


Explanation:
The Doha Round was launched in 2001.

This question belongs to: Economy GK Economy Set 1