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GATE BT 2023 | GA Question-8

\hline Q.8 & $\begin{array}{l}\text { The World Bank has declared that it does not plan to offer new financing to Sri } \\
\text { Lanka, which is battling its worst economic crisis in decades, until the country has } \\
\text { an adequate macroeconomic policy framework in place. In a statement, the World } \\
\text { Bank said Sri Lanka needed to adopt structural reforms that focus on economic } \\
\text { stabilisation and tackle the root causes of its crisis. The latter has starved it of } \\
\text { foreign exchange and led to shortages of food, fuel, and medicines. The bank is } \\
\text { repurposing resources under existing loans to help alleviate shortages of essential } \\
\text { items such as medicine, cooking gas, fertiliser, meals for children, and cash for } \\
\text { vulnerable households. } \\
\text { Based only on the above passage, which one of the following statements can be } \\
\text { inferred with certainty? }\end{array}$ \\
\hline (A) & $\begin{array}{l}\text { According to the World Bank, the root cause of Sri Lanka's economic crisis is that } \\
\text { it does not have enough foreign exchange. }\end{array}$ \\
\hline (B) & $\begin{array}{l}\text { The World Bank has stated that it will advise the Sri Lankan government about how } \\
\text { to tackle the root causes of its economic crisis. }\end{array}$ \\
\hline (D) & $\begin{array}{l}\text { The World Bank has stated that it will provide Sri Lanka with additional funds for } \\
\text { essentials such as food, fuel, and medicines. }\end{array}$ \\

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