Question: The Loan amount for Additional Financing for Uttarakhand Disaster Recovery Project is ___.
(a) 96 million dollar
(b) 75 million dollar
(c) 50 million dollar
(d) 66 million dollar
Answer: (a)
Related facts:
- signed a 96 million loan agreement on March 5, 2019.
- Agreement provides additional funds to the State of Uttarakhand in its post-disaster recovery plans, ongoing since the floods of 2013, as well as strengthens its capacity for Disaster Risk Management.
- The World Bank, through the Uttarakhand Disaster Recovery Project, has been supporting the State Government since 2014 to restore housing and rural connectivity, and to build resilience of communities.
- Natural Disasters cost the country on average of 9.8 billion dollar annually.
- So far, the project has completed more than 2,000 permanent houses and 23 public buildings and restored over 1,300 kilometers of roads and 16 bridges.
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