India-WB sign guarantee agreement for IBRD/CTF loan
Q. The Union Government has signed a guarantee agreement for IBRD/CTF loan for Solar Parks Project with which international body?- Published on 21 Nov 17a. International Monetary Fund
b. United States Government
c. World Bank
d. Global Bank
ANSWER: World Bank
The Union Government has signed a guarantee agreement for IBRD/CTF loan of US $98 million and Grant Agreement for US $2 million for Shared Infrastructure for Solar Parks Project with World Bank.
The objective Shared Infrastructure for Solar Parks Project is to increase solar generation capacity through establishment of large-scale parks in the country.
