The Global Infrastructure Facility is a/an
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Answer: B. The Global Infrastructure Facility (GIF), launched in 2014, is a G20 initiative housed in the World Bank Group. It helps governments prepare and structure complex infrastructure PPPs so that private and institutional investors can put money into them. So option B.
Watch for: All options sound plausible; remember the GIF sits in the World Bank.
Why the other options are wrong
- A. Wrong because the GIF is not an ASEAN or ADB body.
- C. Wrong because it is not run by private banks with the OECD.
- D. Wrong because UNCTAD does not fund it.
Source to check: World Bank, Global Infrastructure Facility site (globalinfrafacility.org), 'About'
Answer from the official UPSC key. Written and fact-checked by AI against the official key. Spotted a mistake? Report it.