Q14 · UPSC Prelims 2021 · Set A · Economy

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With reference to 'Water Credit', consider the following statements:1.It puts microfinance tools to work in the water and sanitation sector.2.It is a global initiative launched under the aegis of the World Health Organization and the World Bank.3.It aims to enable the poor

A 1 and 2 only
B 2 and 3 only
C 1 and 3 only
D 1, 2 and 3

Correct answer: (c) 1 and 3 only

Explanation

  1. A

    1 and 2 only

    1 and 2 only. Water.org’s WaterCredit is not a WHO–World Bank launch.

  2. B

    2 and 3 only

    2 and 3 only. Statement 2 fails.

  3. C

    1 and 3 only

    1 and 3 only. Microfinance for water and sanitation, aimed at the poor meeting water needs without living on subsidy. Not a WHO/WB initiative.

  4. D

    1, 2 and 3

    All three. Wrong parentage in 2.

Summary. Official key is (c) 1 and 3 only. WaterCredit uses microfinance so poor households can pay for water and toilets. It is a Water.org initiative, not WHO and the World Bank.

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