Kosi Basin - Current Affairs Questions and Answers

1)   India has signed a USD 250 million with the World Bank for which project?

a. Bihar Kosi Basin Development Project
b. Damodar Basin Development Project
c. Odisha Mahanadi Basin Development Project
d. None of the above
Answer  Explanation 

ANSWER: Bihar Kosi Basin Development Project

Explanation:
India has signed a USD 250 million loan agreement with the World Bank for Bihar Kosi Basin Development Project for enhancing resilience to for floods and enhancing agricultural productivity. Objective of the project is for enhancing resilience to floods and enhancing agricultural production and productivity in targeted districts in Kosi River Basin and enhance the capacity of Bihar to respond effectively to an eligible crisis or emergency. FM has indicated this in a statement. Primary beneficiaries will be rural producer and households in the Kosi River Basin who are exposed to floods, it is indicated.