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INTERNATIONAL IMF / World Bank

International Finance Corporation (IFC) Commits 50 Million Dollars to Hygenco Green Energies

The International Finance Corporation (IFC) has pledged 50 million dollars to Indian company Hygenco Green Energies to support the domestic green hydrogen sector.
Hygenco secured a total investment commitment of 105 million dollars, with other participating investors including Siemens Financial Services and Clean Technology Fund.
IFC, a member of the World Bank Group, operates as the largest global development institution focused exclusively on the private sector in developing nations.

Key Facts / Static GK

IFC Headquarters: Washington, D.C., USA
IFC Establishment: 1956
World Bank Group President: Ajay Banga

Practice Quiz — 8 June 2026

Q1. Who chairs the Appointments Committee of the Cabinet (ACC) that recently approved the extension of Tarun Kapoor as Advisor to the Prime Minister?

Q2. Which position did Air Marshal Ashutosh Dixit hold immediately prior to his appointment as the Vice Chief of Air Staff (VCAS) of the Indian Air Force?

Q3. With reference to the nomination of Han Seong-sook as the Prime Minister of South Korea, consider the following statements: 1) She was nominated by South Korean President Lee Jae Myung. 2) She will become the first-ever female Prime Minister of South Korea. Which of the statements given above is/are correct?

Q4. Which state has recently agreed to join the Ayushman Bharat PM-JAY, thereby completing its implementation across all 36 States and Union Territories in India?

Q5. According to the 3rd Synchronised Nilgiri Tahr Population Survey 2026, the Nilgiri Tahr is endemic to which of the following ecological regions?

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