Development assistance from international agencies typically includes financial aid (loans and grants) and technical expertise. The terms of financial aid, especially for development, are often 'soft' or concessional.
Consider the following statements: Most international agencies which fund development programmes in India on intergovernmental bilateral agreements, mainly provide I. Technical assistance. II. Soft loans which are required to be paid back with interest. III. Grants, not required to be paid back. IV. Food assistance to alleviate poverty. Of these statements
Asked in UPPCS Prelims 1996 · Topic: Balance of Payments (BoP) (Components of BoP: Current Account (Goods, Services, Income, Transfers))
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