Agreement between Government of India and the World Bank

Government of India and World Bank Sign Agreement to Improve Efficiency and Attractiveness of City Bus Services

Question: Recently when did the Government of India and the World Bank signed an agreement under the World Bank-Global Environment Facility (GEF) Program?
(a) 3 June 2016
(b) 31 May 2016
(c) 30 May 2016
(d) 2 June 2016
Ans:(b)
Related facts:

  • On 31 May 2016,The Government of India and the World Bank signed a US$ 9.2 million grant agreement under the World Bank-Global Environment Facility (GEF) Program.
  • Agreement has been signed for the Efficient and Sustainable City Bus Service Project to improve the efficiency and attractiveness of bus services in select Indian cities.
  • The project will demonstrate low cost high impact initiatives in efficient bus operations by focusing on modernizing city bus services through modern depots for improving the maintenance of buses.
  • The initiatives for modernizing city bus transport services under this project will help select cities reduce greenhouse gas emissions (GHG) while offering practical transport solutions.
  • Demonstration cities where the various initiatives for improving city bus services will be undertaken are Mira Bhayandar in Maharashtra, Chandigarh, Jaipur, and Bhopal.

Reference:
http://www.worldbank.org/en/news/press-release/2016/05/31/the-government-india-and-world-bank-sign-agreement-to-improve-efficiency-and-attractiveness-city-bus-services