Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 32)
32.
In which state of India did IFC decide against a $40 million loan for waste-to-energy projects?
Answer: Option
Explanation:
The International Finance Corporation (IFC) decided not to approve a $40 million loan for waste-to-energy projects in Gujarat, India. The IFC is the private lending arm of the World Bank, established in 1956, and focuses on supporting economic development, particularly through financing and advisory services in developing nations. This particular loan was aimed at waste-to-energy projects in Gujarat but was not pursued.
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