Q. With reference to Financial Intermediary Fund(FIF), consider the following statements;
1.The International Renewable Energy Agency (IRENA) is a trustee of this fund.
2.It has been established for pandemic prevention, preparedness and response(PPR).
Which of the statements given above is/are correct?
Answer: B
Notes:
Statement 1 is incorrect: World Bank will serve as a trustee and host the secretariat of the fund with technical support from the World Health Organization(WHO).
Statement 2 is correct: It has been established for pandemic prevention, preparedness and response(PPR).
Source: ForumIAS Blog
