In the 114th Development Committee Plenary, India sought closer collaboration among which three World Bank Group institutions?
- A.IBRD, IFC and MIGA
- B.IBRD, IDA and IMF
- C.IFC, ICSID and ADB
- D.MIGA, IDA and AIIB
Correct answer
Explanation
The correct answer is IBRD, IFC and MIGA. In her statement the Finance Minister encouraged stronger collaboration among these three arms and pressed for the World Bank Group Guarantee Platform to be operationalised faster, pointing out that developing economies are constrained by a shortage of risk capital and that guarantees and risk mitigation instruments are among the most effective ways to crowd in private money. Option B is wrong because it brings in the International Monetary Fund, which is a separate institution and not part of the World Bank Group. Option C is wrong because it adds the Asian Development Bank, a regional lender outside the Group. Option D is wrong because it includes the Asian Infrastructure Investment Bank, again a different multilateral body. Aspirants should be able to list the World Bank Group arms and tell them apart from other lenders.
Read the full article: Sitharaman Attends 114th World Bank Development Committee Meet
Practice Questions
Which city hosted the 114th Meeting of the Development Committee Plenary of the World Bank?
- A.Jakarta
- B.Bangkok
- C.Manila
- D.Singapore
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The meeting of the Development Committee Plenary was held in Bangkok in Thailand, and the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, took part in it there as India's Governor of the World Bank.
Read the full explanation →What was the agenda of the 114th Development Committee Plenary that India addressed?
- A.Debt Sustainability and Climate Finance
- B.Private Capital Mobilisation and Jobs
- C.Food Security and Rural Credit
- D.Digital Public Infrastructure and Trade
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That was the stated agenda of the plenary, and India's intervention was delivered on precisely this topic, arguing that productive and better paid employment is the most effective pathway to cutting poverty and spreading prosperity.
Read the full explanation →The vision of Viksit Bharat @2047, referred to at the session, looks to India becoming a developed nation by which landmark?
- A.The centenary of the Constitution coming into force
- B.The centenary of Indian Independence
- C.The seventy-fifth year of the Republic
- D.The bicentenary of the first Indian railway line
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The vision of Viksit Bharat @2047, articulated by Prime Minister Narendra Modi, envisages India as a developed nation by the hundredth year of its Independence, and the session on roads was explicitly aligned with it through the goals of supporting economic growth, improving connectivity, strengthening logistics efficiency and widening access…
Read the full explanation →Which two ministries, besides the Ministry of Road Transport and Highways, took active part in the India-Japan Joint Working Group session on roads?
- A.Ministry of Railways and Ministry of Power
- B.Ministry of Shipping and Ministry of Civil Aviation
- C.Ministry of Finance and Ministry of Commerce
- D.Ministry of Housing and Ministry of Environment
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Their presence is logical rather than ceremonial, because a highway alignment, a railway corridor and a power transmission line often compete for the same land and the same clearances, so decisions taken on one affect the others.
Read the full explanation →Which session of the India-Japan Joint Working Group on the roads and road transportation sector was held in New Delhi on 15 October 2026?
- A.The 9th session
- B.The 10th session
- C.The 12th session
- D.The 14th session
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The correct answer is the 12th session, held at Bharat Mandapam in New Delhi and organised by the Ministry of Road Transport and Highways.
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