INTERNATIONAL
IMF / World Bank
World Bank Approves $300 Million for Uttar Pradesh Clean Air Management Program
The World Bank has sanctioned a USD 300 million loan for the 'UP CAMP' initiative to improve air quality across transport, agriculture, and industrial sectors in Uttar Pradesh.
The program targets the installation of 200 new air quality monitoring stations and transitioning 700 brick kilns to resource-efficient technologies.
A key focus includes the adoption of electric three-wheelers and buses to curb vehicular emissions, benefiting roughly 3.9 million households.
Significance: This is a major climate-finance project aimed at linking regional economic growth with environmental sustainability in India's most populous state.
The program targets the installation of 200 new air quality monitoring stations and transitioning 700 brick kilns to resource-efficient technologies.
A key focus includes the adoption of electric three-wheelers and buses to curb vehicular emissions, benefiting roughly 3.9 million households.
Significance: This is a major climate-finance project aimed at linking regional economic growth with environmental sustainability in India's most populous state.
Key Facts / Static GK
World Bank President: Ajay Banga
World Bank HQ: Washington, D.C.
World Bank Established: 1944
Total Member Countries: 189
World Bank HQ: Washington, D.C.
World Bank Established: 1944
Total Member Countries: 189
Practice Quiz — 18 March 2026
Q1. What is the total amount of penalty imposed by the RBI on Manappuram Finance for violating KMP compensation guidelines?
Answer: (C) ₹2.70 lakh — The RBI imposed a monetary penalty of ₹2.70 lakh on Manappuram Finance for non-compliance with Key Managerial Personnel (KMP) compensation guidelines regarding pay deferral, malus, and clawback provisions.
Q2. Regarding the World Bank's Clean Air programs for UP and Haryana, which of the following statements is correct?
Answer: (B) The Haryana project involves a Special Purpose Vehicle (SPV) named ARJUN. — As part of the Haryana Clean Air Project, the state government has set up ARJUN (a Special Purpose Vehicle) for coordination and monitoring. Statement A is wrong (UP got $299.66m), C is wrong (Haryana tenure is longer), and D is wrong (Additional support from UK and Switzerland exists).
Q3. The ₹100-crore Integrated Aqua Park launched by the Union Minister is located in which district of Jammu and Kashmir?
Answer: (C) Anantnag — Union Minister Rajiv Ranjan Singh launched the ₹100 crore Integrated Aqua Park in Anantnag, Jammu and Kashmir, during the NCCWF conference.
Q4. Which of the following is NOT one of the six metro cities included in the Phase 1 launch of the '24 Speed Post' service?
Answer: (C) Pune — The six metro cities covered in Phase 1 are New Delhi, Mumbai, Chennai, Kolkata, Bengaluru, and Hyderabad. Pune is not part of this list.
Q5. What is the primary export target set for the newly launched Special Economic Zone (SEZ) IT Park in Puducherry?
Answer: (D) ₹10,000 crore — The SEZ IT Park in Puducherry has been established with a specific export target of ₹10,000 crore.
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