Multiple choice

Which of the following has announced a soft loan of $ 1 billion to be provided over the next 4 to 5 years for the National Ganga River Basin Authority (NGRBA) launched recently?

  1. Asian Development Bank

  2. World Bank

  3. Ford Foundation

  4. International Monetary Fund

  5. European Environment Agency

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The World Bank on December 2, 2009 announced a soft loan of $ 1 billion to be provided over the next 4 to 5 years for the National Ganga River Basin Authority (NGRBA) launched recently. The initial phases of this loan would focus on building and strengthening the NGRBA and related institutions, including a Ganga Knowledge Centre. Under the 'Mission Clean Ganga,' the NGRBA has resolved that by year 2020 no untreated municipal sewage or industrial effluents will be discharged into the Ganga.