World Bank | MCQs

Explanation

World Bank established: July, 1944

World Bank established during: Bretton Woods Conference

World Bank Members: 189

World Bank aim: to provide loans and grants for various projects

World Bank headquarters: Washington, USA

Human Capital Index & World Development Report are published: World Bank

Word Bank Partner institutions: IBRO, IDA, IFC, MIGA, ICSID (total five institutions)

Explanation

• The Tarbela Dam in Pakistan was built with the assistance of the World Bank.
• Tarbela Dam is one of the largest earth-filled dams in the world.
• Tarbela Dam is an earth-filled dam along the Indus River in KPK.
• Installed capacity: 4,888 MW
• Height: 143 m
• Completed: 1976

Explanation

The board of executive directors of the World Bank has approved $435 million in financing to Pakistan for three housing sector projects mainly in Punjab.

Explanation

On June 10, 2022, World Bank approved d $300 million financing for the upgradation of rural roads in the most vulnerable districts of Khyber-Pakhtunkhwa to `provide safe and reliable access to schools, health facilities and markets`.

Explanation

The World Bank has approved 200 million dollars in financing to support Punjab in transforming its agricultural sector by adopting climate-smart technologies in July 2022.

Explanation