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UPSC 2021: With reference to ‘WaterCredit’, 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 people to meet their water needs without depending on subsidies. Which of the statements given above are correct?
(a)1 and 2 only
(b)2 and 3 only
(c)1 and 3 only
(d)1,2 and3
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Not attemptedCorrect Answer: (c) 1 and 3 only
WaterCredit, created by the non-profit Water.org, deploys micro-finance tools to fund household water and sanitation solutions (1 correct) and aims to let low-income users meet their water needs without relying on subsidies (3 correct). It is not a WHO/World Bank-launched initiative (2 incorrect). Hence statements 1 and 3 only are correct. ([iasuniverse.com](https://www.iasuniverse.com/answers-with-explanation-upsc-prelims-gs1-paper-2021/2/?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2021 Indian Economy question?▼
The correct answer is option (c): 1 and 3 only. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Digital Payments & Financial Inclusion question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2021, GS Paper 1, as Question 14. It falls under Indian Economy > Digital Payments & Financial Inclusion.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Digital Payments & Financial Inclusion?▼
UPSC has asked 20 questions from Digital Payments & Financial Inclusion (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.