APPSC Group-II Mains 2019 Paper III · Question 147

Question 147 of the APPSC Group-II Mains 2019 Paper III (30 August 2019). Try it first, then open the answer and explanation.

1. Mains 2019 · P-III · Q147 · Economy (India & AP) · Public Finance & Taxation

   For what specific purpose have State governments been allowed, since 2017, to borrow from overseas bilateral lending agencies?

   ఏ నిర్దేశిత ఉద్దేశ్యంనకు రాష్ట్ర ప్రభుత్వాలు విదేశీ ద్వైపాక్షిక ఋణ ఏజన్సీల నుండి ఋణం స్వీకరించుటకు 2017 సం॥ నుండి అనుమతింప బడినది.

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   Answer: Infrastructure

   సమాధానం: అవస్థాపన

   In 2017 the Centre allowed States to borrow directly from bilateral agencies such as JICA, under conditions, for vital infrastructure projects.

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