Which of the following country or financial institution is providing financial credit to Karnataka for its rural water supply and sanitation project?

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Submitted by examrobotsa on

Q: 59 (CDS-I/2002)
Which of the following country or financial institution is providing financial credit to Karnataka for its rural water supply and sanitation project?

question_subject: 

Economics

question_exam: 

CDS-I

stats: 

0,43,21,10,43,5,6

keywords: 

{'karnataka': [5, 0, 6, 5], 'financial institution': [0, 0, 2, 1], 'rural water supply': [0, 0, 1, 2], 'financial credit': [0, 0, 1, 0], 'sanitation project': [0, 0, 1, 1], 'japan': [0, 0, 1, 2], 'germany': [24, 3, 28, 24], 'ibrd': [0, 0, 2, 0], 'usa': [12, 5, 29, 27]}

The correct answer is option 2, IBRD (International Bank for Reconstruction and Development). The IBRD is a financial institution that is part of the World Bank Group. It provides loans and grants to help fund development projects in countries around the world. In this case, the IBRD is providing financial credit to Karnataka for its rural water supply and sanitation project.

Option 1, USA, is not the correct answer. While the United States may provide financial assistance for various projects globally, in this particular case, it is the IBRD that is providing the credit.

Option 3, Germany, is also not the correct answer. While Germany may provide financial assistance to Karnataka or other countries for development projects, the IBRD is the specific institution mentioned in the question.

Option 4, Japan, is not the correct answer either. Similar to the other options, while Japan may provide financial aid for development projects, the question specifies the IBRD as the institution providing the credit to Karnataka.

Therefore, the correct answer is option 2, IBRD.