Preliminary > International Relations > International Institutions > Development Banks
Why in news?
The Japan International Cooperation Agency (JICA) has sanctioned a soft loan to the Gujarat forest department for a project — Ecosystem Restoration in Gujarat — worth Rs 905 crore.
Major Projects in India:
Consider the following statements regarding “Japan International Cooperation Agency”:
1.It provides financial assistance to Dedicated Freight corridor Project.
2.It is an agency of government of Japan.
Which of the statements given above is/are correct?
(c)Both 1 and 2
(d)Neither 1 nor 2
Answer to prelims question