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Answer : 1. "World Bank"
Recently, which organization has approved $1.5 billion loan to India to develop the country’s low-carbon energy sector?
5Q:
Recently, which organization has approved $1.5 billion loan to India to develop the country’s low-carbon energy sector?
- 1World Banktrue
- 2IMFfalse
- 3ADBfalse
- 4NATOfalse
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Answer : 1. "World Bank"
Explanation :
The World Bank approved a $1.5 billion loan to India for developing its low-carbon energy sector, following a similar loan in 2023. The low-carbon energy sector includes fuels like hydrogen and biofuels, which emit less carbon than fossil fuels. India aims for net-zero carbon emissions by 2070, supported by initiatives like the National Green Hydrogen Mission, which uses renewable energy for hydrogen production.