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Impact of world bank loan on Indian economy?
Manmohan singh is a PM of india ,as result .
How did the world bank help the developing countries?
The World Bank can be considered the world's bank. Many governments (National and State) of various developing nations approach the world bank for monetary help with respect to various development project in their region. For ex: If the Chief Minister of the State of TamilNadu (India) plans on building a huge dam across one of its rivers and requires funding worth a few hundred crores of Rupees and does not have sufficient funding in his coffers, he can approach the world bank. He would have to submit a proposal with details of the plan along with details as to how he plans on repaying the borrowed money. If the World Bank feels that the plan will benefit the people of the state and also if they feel the state government will be able to repay the money loaned out, they will grant the loan.
What is a concessional interest rate?
An interest concession is a reduction, compared with commercial interest rates, in the interest rate charged on a loan taken out. Such concessions are typically provided directly by a government agency or by a government grant to a lending bank (in the case of a commercial loan).
What is the role of world bank in international trade?
the World Bank is an international financial institution that provides loans to developing countries. its official goal is the reduction of poverty. the believe is therefore that with the loan from the World Bank, these countries can effectively take part in international trade (pay for imports of good and or services) thereby developing their economy and hence poverty reduction which is the aim of the World Bank.
What will be the effect on the interest rate the bank charges its customers for a loan if the bank buys a Treasury Bond from the Federal Reserve?
The interest rate will increase since there are fewer available funds for the bank to loan.
How much loan INDIA has taken from world bank till date?
170000000000
How much India has taken loan from world bank in this past 10 years?
Rs.17,00,00,00,000
Which is the first Asian country to get a loan from World Bank?
india
What is the name of Asian nation which was first to get a World Bank loan?
india
Which state for the first time has taken loan of Rs 100000000000 from World Bank?
bihar
Impact of world bank loan on Indian economy?
Manmohan singh is a PM of india ,as result .
How much rupees did each citizen of India should pay to the govt for the India's loan bought from world bank?
7.6 billion
What is entry for vehicle loan taken from a bank?
vehicle a/c debit bank loan a/c credit
Can a bank loan be taken from income tax?
no
What happens to bank loan if you are permanently disabled?
the asset which is kept as morgage with the bank at the time of taking loan is taken away by the bank
Which of the organisation has recently approved 500 million dollar loan for the improvement of rail services in India?
world bank
What is the bank loan on a trial balance?
Bank loan is that amount which is taken from bank for daily working of business and liability of business to be paid in future.
