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NITI Aayog and World Bank will set up a $300-million ‘first loss risk sharing instrument’ to facilitate a program for faster and easier financing of electric vehicles (EVs). Which bank is the program manager in this?
State Bank of India
Correct Option is State Bank of India
Solution:Sol. NITI Aayog and World Bank are setting up a $300-million ‘first loss risk sharing instrument’, with the State Bank of India (SBI) as its program manager.
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