UPSC PRELIMS · ECONOMICS · WATERCREDIT AND FINANCIAL INCLUSION
With reference to 'WaterCredit', consider the following statements: 1. It puts microfinance tools to work in the water and sanitation sector. 2. It is a global initiative launched under the aegis of the World Health Organization and the World Bank. 3. It aims to enable the poor people to meet their water needs without depending on subsidies. Which of the statements given above are correct?
Take a breath. Choose one. Press A–D on your keyboard if you like.
EXPLANATION
WaterCredit applies microfinance approaches to water and sanitation and aims to help households finance needs without relying on subsidies; the WHO/World Bank claim is incorrect.
More Economics practice
ECONOMICS · Indian Economy: Energy
Consider the following: 1. Battery storage 2. Biomass generators 3. Fuel cells 4. Rooftop solar photovoltaic systems How many of the above…
ECONOMICS · Indian Economy: Energy
Pumped-storage hydropower is mainly used for which one of the following purposes?
ECONOMICS · Indian Economy: Financial Markets
Collateral Borrowing and Lending Obligations are instruments of which one of the following markets?
ECONOMICS · Indian Economy: Agriculture
Which one of the following best describes the initiative '100 Million Farmers'?
Ready for the real thing?
Battle other aspirants in timed 1v1 Prelims duels, climb the rating ladder and keep your daily streak. Free and ad-free.