According to World Bank, national poverty rate in Pakistan could increase by 2.5 to _____ as a direct consequence of the floods.

A. 2.0%
B. 3.0%
C. 4.0%
D. 5.0%

Answer

Correct Answer: C. 4.0%


Detail About MCQs

The World Bank says the national poverty rate in Pakistan could increase by 2.5 to 4.0 percentage points as a direct consequence of the floods, with adverse human development effects in disaster-affected areas. The size and duration of shocks will vary across locations and households, depending on the intensity of the flooding as well as the quality of relief and reconstruction efforts, the World Bank says in its latest `Macro Poverty Outlook for Pakistan` released during the course of ongoing IMF World Bank annual meetings.

World Bank approves $___ million for development projects in Punjab.

A. $300 million
B. $304 million
C. $308 million
D. $312 million

Answer

Correct Answer: B. $304 million


Detailed About MCQs

The World Bank’s (WB) Board of Executive Directors approved $304 million in financing for Punjab Resource Improvement and Digital Effectiveness Programme (PRIDE). The programme supports efficiencies in public resource management that generate savings and create fiscal space for growth-generating investments in the Punjab province.

The World Bank has approved financial package of ___ for human development in Pakistan in March 2020?

A. $180-million
B. $200-million
C. $250-million
D. $300-million

Answer

Correct Answer: D. $300-million


Detailed About MCQs

The World Bank has approved a $300-million financial package in March 2020 for human development in Pakistan, including a loan of $200 million to improve social and health indicators in about a dozen poorest districts of Punjab.