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    Question

    NABARD is working towards helping the farmers tackling the adverse impact climate change.For this purpose it has collaborated with __________ and Bill and Melinda Gates Foundation that  will tap climate capital to fund agricultural, natural resources and rural development (ANR) initiatives.

    A FAO Correct Answer Incorrect Answer
    B UNDP Correct Answer Incorrect Answer
    C ADB Correct Answer Incorrect Answer
    D OECD Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The National Bank for Agriculture and Rural Development (NABARD) has teamed up with the Asian Development Bank (ADB) to help the farming sector tackle the adverse impact of climate change.The two organisations, in association with the Bill and Melinda Gates Foundation, will tap climate capital to fund agricultural, natural resources and rural development (ANR) initiatives.The collaboration is aimed at enhancing food security and climate financing in India’s ANR sector. NABARD will also receive support to formulate a climate financing policy and its adoption.

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