The Government of Bolivia sold the water supply rights of the city of to a multinational company after being persuaded by the World Bank.

Cochabamba

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Santa Cruz

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La Paz

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Riberalta

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Solution

The correct option is A Cochabamba
Bolivia is a poor country in South America. It asked the World Bank for some financial help when it was experiencing economic meltdown. The World Bank agreed to help but only if it privatised its muncipal water supply. Finally, the Bolivian government succumbed to its pressure. It sold the water supply rights of the city of Cohabamba to a multinational company.

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Similar questions

Q. Assertion [A]: The Bolivian government sold the muncipal water rights of the city of Cochabamba to a multinational company.

Reason [R]: Bolivia was facing economic meltdown and the World Bank had placed certain conditions on the government for providing financial help.

Read the above given statements and select the appropriate option.

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Which Bolivian city’s water supply rights did the Bolivian government sell to a MNC?

This symbol represents an initiative program of the Government of India to encourage Multinational companies and domestic companies to manufacture their products in India.

Q. Statement: The Deputy Mayor of city Z has proposed to install a plant of mineral water and to supply citizen's mineral water bottles at Rs. 6 per litre as against Rs. 10 per litre being sold by local private companies.
Courses of Action:
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III. The tap water schemes of city Z will have to be stopped.

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