Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 4658)

2020-07-03 National

4658.

The World Bank approved how much fund for MSMEs Emergency Response Program to support severely impacted MSMEs in India due to COVID-19 crisis?

USD 650 million

USD 550 million

USD 750 million

USD 450 million

Answer: Option

Explanation:

The World Bank approved a USD 750 million Micro, Small, and Medium Enterprises(MSMEs) Emergency Response Program to support severely impacted MSMEs in India due to COVID-19 crisis. The International Bank for Reconstruction and Development will provide the loan.