Question
Download Solution PDFIn June 2020, which of the following international organisations approved a $500 million Strengthening Teaching-Learning and Results for States Program (STARS) to improve the quality and governance of school education in six Indian states?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is World Bank.
Key Points
- The World Bank and the Indian government have inked a $500 million agreement to improve the quality and governance of school education in six Indian states through the Strengthening Teaching-Learning and Results for States Programme (STARS).
- Kerala, Maharashtra, Himachal Pradesh, Rajasthan, Madhya Pradesh, Rajasthan, and Odisha are among them.
- The STARS programme relies on India's long-standing (since 1994) relationship with the World Bank to promote public school education and support the country's aim of providing 'Education for All.'
- Prior to STARS, the Bank had contributed almost $3 billion to this cause.
Important Points
- World Bank:
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Established: July 1944
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Type: International financial institution
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Legal status: Treaty
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Headquarters: Washington, D.C., U.S.
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Membership 189 countries (IBRD); 174 countries (IDA)
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President: David Malpass
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- The International Monetary Fund (IMF) is a 190-country international financial agency with its headquarters in Washington, D.C.
- The Asian Development Fund (ADF) provides grants to the Asian Development Bank's poorest and most vulnerable members who are facing severe or moderate debt distress.
- The United Nations Educational, Scientific and Cultural Organization(UNESCO) is a United Nations specialised organisation tasked with advancing world peace and security via international collaboration in education, the arts, sciences, and culture.
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