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Which Organisation has approved USD 125 Million support program for Kerala?

Daily Current Affairs Quiz 29 June 2021

Which Organisation has approved USD 125 Million support program for Kerala?

A. World Bank

B. IMF

C. AIIB

D. ADB

Explanation:

The World Bank approved USD 125 million assistance for Rebuild Kerala Initiative (RKI) in meeting of directors of the Bank held in Washington. The loan will be under the Programme-for-Results financing scheme, which means the amount will be sanctioned for specific development projects approved by independent evaluators.

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