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Question

86. Consider the following statement regarding GEF (global environment facility)
i. The GEF was established by IMF in 1991
ii. It functions under the Guidance of UNFCCC
iii. Biological diversity, climate change and ozone layer depletion are the only focal areas of GEF
Which of the above statements is/are not correct

A
a) None
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B
b) all the the above
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C
c) i and iii only
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D
d)ii and iii only
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Solution

The correct option is C c) i and iii only

Answer-c

The Global Environment Facility (GEF) unites 183 countries in partnership with international institutions, civil society organizations (CSOs), and the private sector to address global environmental issues while supporting national sustainable development initiatives.
It was established by the world bank and not the IMF.

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