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InternationalMedium

What was the agenda of the 114th Development Committee Plenary that India addressed?

  1. A.Debt Sustainability and Climate Finance
  2. B.Private Capital Mobilisation and Jobs
  3. C.Food Security and Rural Credit
  4. D.Digital Public Infrastructure and Trade

Correct answer

B. Private Capital Mobilisation and Jobs

Explanation

The correct answer is Private Capital Mobilisation and Jobs. 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. Option A, on debt and climate finance, names two subjects the minister touched on only in passing while describing the global backdrop; it was not the agenda. Option C, on food security and rural credit, does not match the discussion at all, although agricultural exports came up as one area of market failure. Option D, on digital public infrastructure and trade, is a distractor built from phrases in the statement, since the minister did refer to digital public infrastructure and to trade fragmentation, but neither formed the agenda. Read such options carefully, because distractors are frequently assembled from stray words in the same speech.

Read the full article: Sitharaman Attends 114th World Bank Development Committee Meet

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Practice Questions

Q2.InternationalHard

In the 114th Development Committee Plenary, India sought closer collaboration among which three World Bank Group institutions?

  1. A.IBRD, IFC and MIGA
  2. B.IBRD, IDA and IMF
  3. C.IFC, ICSID and ADB
  4. D.MIGA, IDA and AIIB
Show answer
Correct answer: A. 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…

Q3.InternationalEasy

The vision of Viksit Bharat @2047, referred to at the session, looks to India becoming a developed nation by which landmark?

  1. A.The centenary of the Constitution coming into force
  2. B.The centenary of Indian Independence
  3. C.The seventy-fifth year of the Republic
  4. D.The bicentenary of the first Indian railway line
Show answer
Correct answer: B. The centenary of Indian Independence

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…

Q4.InternationalMedium

Which two ministries, besides the Ministry of Road Transport and Highways, took active part in the India-Japan Joint Working Group session on roads?

  1. A.Ministry of Railways and Ministry of Power
  2. B.Ministry of Shipping and Ministry of Civil Aviation
  3. C.Ministry of Finance and Ministry of Commerce
  4. D.Ministry of Housing and Ministry of Environment
Show answer
Correct answer: A. Ministry of Railways and Ministry of Power

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.