Q14.
With reference to 'Water Credit', consider the following statements: 1. It puts microfinance tools to work in the water and sanitation sector. 2. It is a global initiative launched under the aegis of the World Health Organization and the World Bank. 3. It aims to enable the poor
Answer
C
Explanation
Water.org is a global nonprofit organization working to bring water and sanitation to the world. It started the initiative of WaterCredit loan program to address the barrier of affordable financing for safe water and sanitation. Hence, statement 2 is not correct. WaterCredit is a powerful solution and the first to put microfinance tools to work in the water and