What loan amount will the World Bank extend to Pakistan for building the Khyber Pass Economic Corridor _________?
Show answer Hide answer
Answer: C. $406 millions
Explanation
The World Bank approved a specific financial package for infrastructure development. The designated loan amount for the corridor project totals four hundred six million dollars. Funding agreements ensure construction works proceed according to international financial standards. The World Bank provides financial and technical assistance to developing countries worldwide. Economic corridors connect trade routes to boost regional commerce and transportation efficiency. Infrastructure loans are disbursed in installments tied to project milestones and audits.
Large-scale transport projects create jobs and stimulate economic growth in remote regions. International development funding is vital for upgrading national infrastructure networks. Improved trade corridors enhance connectivity between neighboring countries and domestic markets. Three hundred seventeen million dollars represents an incorrect budgetary figure for this project. Three hundred ninety-seven million dollars does not match the officially sanctioned loan amount. Four hundred fifty-nine million dollars exceeds the precise financial allocation approved here.
- Subject
- Current Affairs
- Category
- Pakistan Current Affairs
- Topic
- —
- Difficulty
- medium
Related questions
Q1. The World Bank contributed _________ million toward the initiative titled the “Pandemic Response Effective Project”.
Show answer Hide answer
Answer: B. $200
The World Bank contributed two hundred million dollars toward the Pandemic Response Effective Project. This substantial financial assistance helped strengthen health systems during challenging global public health crises...
Q2. Who emerged victorious in the Ufone 4G Football Cup 2021 hosted in Peshawar?
Show answer Hide answer
Answer: C. Chitral
Team Chitral emerged victorious in the Ufone Football Cup tournament hosted in Peshawar. Their exceptional teamwork and athletic skill carried them through to win the final match. The designated option correctly identifi...
Q3. Who was awarded the Sir Garfield Sobers Trophy for 2021?
Show answer Hide answer
Answer: D. Shaheen Shah Afridi
Shaheen Shah Afridi produced sensational bowling spells across all international formats to claim the Sir Garfield Sobers Trophy. His match-winning wickets in Test, ODI, and T20 matches convinced voters of his unmatched...
Q4. Following the enactment of the 26th Amendment to the Constitution of Pakistan, the National Assembly seats for the former FATA districts will increase from 6 to _______?
Show answer Hide answer
Answer: C. 12
National Assembly seats for the former FATA districts increased to 12 following constitutional amendments. The legislative changes ensured better democratic representation for citizens living in the merged tribal distric...
Q5. When was the World Economic Forum convened in Davos ___________?
Show answer Hide answer
Answer: A. 23 Jan 2018
The World Economic Forum annual meeting in Davos officially commenced on January 23, 2018. Global leaders gathered on that specific date to discuss pressing international economic issues. Selecting this option correctly...
Q6. Zainab Bibi, recognized by the Guinness Book of World Records as the tallest woman, passed away on July 19 at the age of _____.
Show answer Hide answer
Answer: C. 2003
Zainab Bibi passed away on July 19 in the year 2003 at her native residence in Punjab. Her death marked the passing of a globally recognized figure known for her extraordinary height. Biographical records and obituary no...