SSC Economics Sample Paper NCERT Sample Paper-7

  • question_answer
    Consider the following:
    1. The World Bank constituted India Aid club in 1950 to provide financial assistance to India
    2. Aid India Club was a consortium of the major lending countries. Which of these statements is/are correct?

    A)  Only 1 

    B)  Only 2

    C)  Both 1 and 2    

    D)  neither 1 nor 2

    Correct Answer: C

    Solution :

    [c] In 1950, the World Bank founded Aid India Club to provide massive assistance to finance India's developmental plans. Aid India Club is a consortium of the major lending countries, such as, U.K., U.S.A., Germany, France, Japan, Canada, etc.

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