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  9. Q140

ibps-rrb-os1 2020 · Question 140 of 176

The Asian Development Bank & the World Bank will have to be asked to invest in which of the following funds?

General/Financial Awareness

  1. ASovereign fund
  2. BPension fund
  3. CInfrastructure fundCorrect
  4. DInsurance fund
  5. EAll of the above

Answer: C. Infrastructure fund

Explanation

The last paragraph of the passage clearly suggests that : the report recommended that foreign insurance, pension and sovereign funds be asked to invest in the proposed infra fund . For this, the RBI will have to be approached to create a special window for these kinds of foreign debt with tenure of 10 years or more. Also, the multilateral agencies like the World Bank and the Asian Development Bank would be asked to invest in the fund.

Source: IBPS RRB PO (Scale 1) Officer 2020 Mains Previous Year Paper — Answer Key & Detailed Solutions (memory-based compilation, ixamBee) · memory-based

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