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Discussion Forum : National - Latest Current Affairs (Q.No. 7032)
7032.
With which country World Bank inks $98 million loan pact for renewable energy?
US
India
China
Switzerland
Answer: Option
Explanation:
India and the World Bank signed a $98 million loan pact and a $2 million grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. The Shared Infrastructure for Solar Parks Project will finance Indian Renewable Energy Development Agency Limited(IREDA), to provide sub-loans to states to invest in various solar parks.
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