Multiple choice

Which of the following organizations has provided a credit of US $600 million to India to beef up its rural credit structure system?

  1. World Bank

  2. ADB

  3. IMF

  4. EU

  5. None of these
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A Correct answer
Explanation

The World Bank is a major international financial institution that provides development assistance to member countries, including credit facilities for strengthening rural infrastructure and credit systems. ADB primarily focuses on Asian development projects, IMF deals with balance of payments issues rather than sector-specific credit, and the EU is not a lending institution of this nature.

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