Match the items of List - I with those of List - II; and choose the correct code of combination :List - I List - II (a) Poverty Reduction and Growtd Facility (PRGF) (i) 1997 (b) Supplemental Reserve Facility (SRF) (ii) 1974 (c) Extended Fund Facility (EFF) (iii) 1999
This question requires matching international financial facilities from List-I with their respective introduction years found in List-II.
Understanding the establishment timeline for each facility is crucial for accurate matching:
Connecting the facilities to their years:
The correct pairing is therefore (a)-(iii), (b)-(i), and (c)-(ii). This combination matches Option A.
| List – I | List – II |
|---|---|
| a. International Monetary Fund | i. Lending to private sector |
| b. International Bank for Reconstruction and Development | ii. Balance of Payments problems |
| c. International Development Association | iii. Soft Loan to poor countries |
| d. International Finance Corporation | iv. Socio-economic infrastructure |
| List – I | List – II |
| a. International Bank for Reconstruction and Development | i. 1945 |
| b. International Finance Corporation | ii. 1956 |
| c. Asian Development Bank | iii. 1966 |
| d. Export-Import Bank of India | iv. 1981 |
Assertion (A) : International Finance Corporation (IFC) contributes to increase sustainable agriculture opportunities, improve health and education and increase access to financing for micro finance and business client.
Reasoning (R) : The IFC has focused on a set of development goals to ensure that its projects are expected to achieve the target.
Codes :
In which of the following years was ADB (Asian Development Bank) established?