Who pressurized Bolivian government to give up its control over water supply in the country ?
A
World bank
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
United Nations
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Multi National Companies
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Non Governmental Organizations
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A World bank Bolivia is a poor country in Latin
America. The World Bank pressurised the
government to give up its control of
municipal water supply. The government
sold these rights for the city of
Cochabamba to a multi-national
company (MNC). The company
immediately increased the price of water
by four times. Many people received
monthly water bill of Rs 1000 in a
country where average income is around
Rs 5000 a month. This led to a
spontaneous popular protest