world_organizations medium MCQ

IFAD primarily focuses on financing projects related to which sector in developing countries?

  1. Urban infrastructure
  2. Rural poverty reduction and agricultural development
  3. Industrial manufacturing
  4. Digital technology expansion

Answer: Rural poverty reduction and agricultural development

IFAD exclusively focuses on eradicating rural poverty and hunger by financing agricultural development projects, empowering rural people, improving food security, and building resilience in developing countries.

Topic International Fund for Agricultural Development
Exam Relevance UPSC, SSC