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A $250 million loan to Kerala will be provided by which bank for disaster management?
RBI
SBI
World Bank
ICICI Bank
Yes Bank
- Option 1: RBI
- The Reserve Bank of India is not a bank that provides loans to states for projects like disaster management. Its primary role is as the central bank of India, focusing on monetary policy and banking regulation.
- Option 2: SBI
- The State Bank of India is a public-sector bank and may provide certain types of loans, but large international aid and development loans are typically not in their scope.
- Option 3: World Bank
- The World Bank often provides financial and technical assistance to developing countries for development projects, including disaster management and infrastructure development.
- Correct Answer
- Option 4: ICICI Bank
- ICICI Bank is a private sector bank primarily involved in retail and corporate banking. Large international development loans are not typically part of their operations.
- Option 5: Yes Bank
- Yes Bank is a private Indian bank focusing on various banking services and products but is not known for large development loans for states or countries.
By: Parvesh Mehta ProfileResourcesReport error
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