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Home› UPSC CSE› Prelims GS Paper I› 2017 questions› Question 86

UPSC CSE Prelims

Subject: Economy Chapter: Industry And Infrastructure

2017 PYQ

Question 86

The Global Infrastructure Facility is a/an

Choose one answer AASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank. BWorld Bank collaboration that facilitates the preparation and structuring of complex infrastructure Public-Private Partnerships (PPPs) to enable mobilization of private sector and institutional investor capital. CCollaboration among the major banks of the world working with the OECD and focused on expanding the set of infrastructure projects that have the potential to mobilize private investment. DUNCTAD funded initiative that seeks to finance and facilitate infrastructure development in the world.

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Correct answer: B

Correct Option: B Explanation: The Global Infrastructure Facility (GIF) was launched as a World Bank-led partnership to prepare and structure complex infrastructure projects that can attract private and institutional capital. Option-wise Analysis: A: Incorrect - It is not an ASEAN-only infrastructure fund administered through ADB credit. B: Correct - Correct-World Bank and partners support bankable, complex infrastructure PPP preparation. C: Incorrect - The arrangement is not solely a coalition of global banks and OECD. D: Incorrect - UNCTAD did not create the World Bank-linked GIF as its own financed facility.

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