This is a classic 'Parent Body + Mandate' question. It rewards aspirants who track major global initiatives beyond just the headlines. The question is fair because the GIF was a flagship World Bank/G20 outcome to address the infrastructure gap, covered in standard economy textbooks like Nitin Singhania.
How this question is built
This question can be broken into the following sub-statements.
Tap a statement sentence to jump into its detailed analysis.
Statement 1
Is the Global Infrastructure Facility an ASEAN initiative to upgrade infrastructure in Asia?
Origin: Web / Current Affairs
Fairness: CA heavy
Web-answerable
"The Global Infrastructure Facility (GIF), a G20 initiative, is a global collaboration platform that integrates efforts to boost private investment in sustainable, quality infrastructure projects in developing countries and emerging markets."
Why this source?
- Explicitly identifies GIF as a G20 initiative, not an ASEAN program.
- Describes GIF as a global collaboration platform focused on developing countries and emerging markets, indicating a global remit rather than an ASEAN-only scope.
"The Global Infrastructure Facility (GIF) is a global, open platform that facilitates the preparation and structuring of complex infrastructure public-private partnerships (PPPs) to enable mobilization of private sector and institutional investor capital."
Why this source?
- Defines GIF as a 'global, open platform' focused on emerging markets and developing economies (EMDEs).
- Explains GIF coordinates multilateral development banks, private investors, and governments—showing a multi‑partner global platform rather than an ASEAN‑only initiative.
"The Global Infrastructure Facility (GIF) is an open, global platform that facilitates"
Why this source?
- Calls GIF an 'open, global platform,' reinforcing that its scope is global.
- Presented on the ADB site as a general global facility rather than described as an ASEAN-specific program to upgrade Asian infrastructure.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
Strength: 5/5
“Launched by World Bank in 2014, the Global Infrastructure Facility (GIF) is a global, open platform that facilitates the preparation and structuring of complex infrastructure PPPs to enable mobilisation of private sector and institutional investor capital. The GIF platform coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and governments interested in infrastructure investment in Emerging Markets and Developing Economies (EMDEs). • Mobilising the private sector. • Achieving value for money. • Promoting sustainability and inclusiveness. • Complementing individual partner efforts by supplementing existing resources. GGIF supports governments in design, preparation, structuring, transaction implementation activities, etc. in bringing the well-structured and bankable infrastructure projects to the market.”
Why relevant
Defines the Global Infrastructure Facility (GIF) as launched by the World Bank in 2014 and a global platform for preparing/structuring complex infrastructure PPPs.
How to extend
A student could use this to infer GIF is multilateral/global (World Bank-led) rather than an ASEAN-originated regional initiative, and then check organizational ownership/membership to test the claim.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > begin{array}{c|c}
\hline
2017 \\
\hline
\end{array} > p. 466
Strength: 4/5
“\begin{array}{c|c} \hline 2017 \\ \hline \end{array} • 4. With reference to 'National Investment and Infrastructure Fund', which of the following statements is/are correct? • 1. It is an organ of NITI Aayog. • 2. It has a corpus of ₹4,00,000 crore at present. Select the correct answer using the code given below: • (a) 1 only • (b) 2 only • (d) Neither 1 nor 2 • (c) Both 1 and 2 • 5. The Global Infrastructure Facility is a/an: • (a) ASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank. • (b) World Bank collaboration that facilitates the preparation and structuring of complex infrastructure public-private partnerships (PPPs) to enable mobilisation of private sector and institutional investor capital”
Why relevant
Contains a multiple‑choice question that lists as one option the claim that GIF is an 'ASEAN initiative', showing that this specific characterization appears as a distractor/example in exam material.
How to extend
A student could treat this as evidence the 'ASEAN initiative' description is a known alternative/incorrect option and so verify primary sources (e.g., GIF founding statement) to resolve which option is correct.
Indian Economy, Vivek Singh (7th ed. 2023-24) > Chapter 13: International Organizations > 13.15 Asian Infrastructure and Investment Bank (AIIB) > p. 400
Strength: 4/5
“• Established in 2016 and headquartered in Beijing, the Asian Infrastructure Investment Bank (AIIB) is a multilateral financial institution founded to bring countries together to address the daunting infrastructure needs across Asia.• AIIB offers sovereign (Govt.) and non-sovereign (private) financing for sound and sustainable projects in energy and power, transportation and telecommunications, rural infrastructure and agriculture development, water supply and sanitation, environmental protection, and urban development and logistics.• According to the Articles of Agreement of AIIB, the Bank will "provide or facilitate financing to any member, or any agency, instrumentality or political subdivision thereof, or any entity or enterprise operating in the territory of a member, as well as to international or regional agencies or entities concerned with economic development of the Asia region."• Membership in AIIB shall be open to members of the International Bank for Reconstruction and Development (IBRD) or the Asian Development Bank (ADB).• All powers of the Bank are vested with the Board of Governors, which is the highest decision-making body under whom there is Board of Directors, while the Bank is headed by the President.”
Why relevant
Describes the Asian Infrastructure Investment Bank (AIIB) as a regional multilateral institution created specifically to address Asia's infrastructure needs.
How to extend
Use AIIB as an example of a true Asia‑focused/regional infrastructure initiative to contrast with GIF's global/World Bank characterization and help decide which label fits GIF.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE OUTLOOK > p. 443
Strength: 3/5
“• Electricity and roads are the two most important sectors, together they account for more than two-thirds of global investment needs. • The infrastructure investment gap, i.e., the extent to which estimated investment need is greater than investment expected as per current trends, is 10 per cent in Asia. • China accounts for almost 30 per cent of the global infrastructure investment. • India is the second-largest infrastructure market in Asia after China.”
Why relevant
States that Asia has a measurable infrastructure investment gap and that China and India dominate regional infrastructure markets.
How to extend
A student could use the existence of a regional need to argue why both global (World Bank/GIF) and regional (AIIB/ASEAN) initiatives might exist, prompting checking GIF's scope to see if it is specifically ASEAN or broader.
Indian Polity, M. Laxmikanth(7th ed.) > Chapter 88: Foreign Policy > ACT EAST POLICY OF INDIA > p. 612
Strength: 3/5
“2. Act East Policy has placed emphasis on India-ASEAN cooperation in our domestic agenda on infrastructure, manufacturing, trade, skills, urban renewal, smart cities, Make in India and other initiatives. • 3 . The objective of "Act East Policy" is to promote economic cooperation , cultural ties and develop strategic relationship with countries in the Asia-Pacific region through continuous engagement at bilateral, regional and multilateral levels.• 4. The North East of India has been a priority in our Act East Policy. The policy provides an interface between North East India including the state of Arunachal Pradesh and the ASEAN region.• 5”
Why relevant
Notes that India’s 'Act East' policy emphasises India–ASEAN cooperation on infrastructure, illustrating that ASEAN does sponsor or participate in regional infrastructure efforts.
How to extend
A student could take this as a reminder that ASEAN-led or ASEAN‑centric infrastructure programs do exist, and therefore should compare GIF’s founding/leadership to known ASEAN initiatives to test the statement.
Statement 2
Is the Global Infrastructure Facility financed by credit from the Asian Development Bank?
Origin: Web / Current Affairs
Fairness: CA heavy
Web-answerable
"The Global Infrastructure Facility (GIF) is a global, open platform that facilitates the preparation and structuring of complex infrastructure public-private partnerships (PPPs) to enable mobilization of private sector and institutional investor capital. The GIF platform coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and financiers, and governments..."
Why this source?
- Defines the GIF as a global, open platform for preparing and structuring PPPs rather than describing it as a credit or loan product.
- Says the GIF coordinates and integrates the efforts of multilateral development banks (MDBs), private investors and governments, implying a partnership platform rather than ADB credit financing.
"The Global Infrastructure Facility (GIF), a G20 initiative, is a global collaboration platform that integrates efforts to boost private investment in sustainable, quality infrastructure projects in developing countries and emerging markets. We enable collective action among a wide range of partners – including donors, development finance institutions, country governments, with inputs of private sector investors and financiers – to leverage resources and expertise"
Why this source?
- Describes the GIF as a G20 initiative and a global collaboration platform to boost private investment, not as an ADB credit instrument.
- Shows the GIF enables collective action among donors, development finance institutions and private investors, indicating a multi-partner platform rather than direct ADB lending.
"Global Infrastructure Facility # What is the facility? The Global Infrastructure Facility (GIF) is an open, global platform that facilitates"
Why this source?
- The Asian Development Bank lists the Global Infrastructure Facility on its Funds and Resources pages and describes it as an open, global platform.
- ADB's description on its site presents the GIF as a facility/platform, but does not state that the GIF is financed by ADB credit.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
Strength: 5/5
“Launched by World Bank in 2014, the Global Infrastructure Facility (GIF) is a global, open platform that facilitates the preparation and structuring of complex infrastructure PPPs to enable mobilisation of private sector and institutional investor capital. The GIF platform coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and governments interested in infrastructure investment in Emerging Markets and Developing Economies (EMDEs). • Mobilising the private sector. • Achieving value for money. • Promoting sustainability and inclusiveness. • Complementing individual partner efforts by supplementing existing resources. GGIF supports governments in design, preparation, structuring, transaction implementation activities, etc. in bringing the well-structured and bankable infrastructure projects to the market.”
Why relevant
States GIF was launched by the World Bank in 2014 and is a platform coordinating Multilateral Development Banks (MDBs), private investors and governments to prepare/structure PPPs.
How to extend
A student could use this to infer GIF is World Bank‑led (not ADB‑led) and therefore check whether GIF financing typically comes directly from the World Bank or coordinated MDB contributions rather than ADB credit alone.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > begin{array}{c|c}
\hline
2017 \\
\hline
\end{array} > p. 466
Strength: 4/5
“\begin{array}{c|c} \hline 2017 \\ \hline \end{array} • 4. With reference to 'National Investment and Infrastructure Fund', which of the following statements is/are correct? • 1. It is an organ of NITI Aayog. • 2. It has a corpus of ₹4,00,000 crore at present. Select the correct answer using the code given below: • (a) 1 only • (b) 2 only • (d) Neither 1 nor 2 • (c) Both 1 and 2 • 5. The Global Infrastructure Facility is a/an: • (a) ASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank. • (b) World Bank collaboration that facilitates the preparation and structuring of complex infrastructure public-private partnerships (PPPs) to enable mobilisation of private sector and institutional investor capital”
Why relevant
Shows an exam-style choice that explicitly contrasts (a) 'financed by credit from the Asian Development Bank' with (b) 'World Bank collaboration that facilitates preparation/structuring of complex infrastructure PPPs'.
How to extend
A student could treat the two options as mutually exclusive hypotheses and use authoritative sources (or [4]) to prefer the World Bank collaboration option over the ADB‑credit option.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > ASIAN DEVELOPMENT BANK > p. 530
Strength: 3/5
“• Asian Development Bank (ADB) was established in 1966 as a Multilateral Development Bank initially with 31 member countries (including India). • ADB presently has 68 member countries (latest being Niue added in 2019). • There are member countries even from outside Asia such as the United States. • Headquarters - Mandaluyong, Philippines. • Like World Bank, it has a weighted voting system, votes being distributed in proportion to members' capital subscription.”
Why relevant
Describes the Asian Development Bank as an MDB that provides financing and has headquarters/membership details, establishing ADB as a potential financier in the region.
How to extend
Knowing ADB is an MDB that lends for infrastructure, a student could check whether GIF projects list ADB as a financier or only as a coordinating MDB partner.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > ASIAN INFRASTRUCTURE INVESTMENT BANK (AIIB) > p. 532
Strength: 3/5
“• It is a multilateral development bank set up in 2016 to improve social and economic outcomes in Asia. • The idea of establishment of such bank was proposed by China to provide support and improvement in infrastructure building in the Asia-Pacific region. • Due to the discontent in the West-dominated multilateral bodies such as IMF and World \sigmaBank, many of their members are joining AIIB. • AIIB presently has a membership of 103 nations [85 members (including India) + 18 a”
Why relevant
Explains AIIB's role as another MDB created to finance infrastructure in Asia, illustrating that multiple MDBs (World Bank, ADB, AIIB, etc.) exist and may interact.
How to extend
A student can use this to consider that GIF might coordinate among several MDBs (including ADB/AIIB) and should verify whether GIF funds originate from a single MDB credit (ADB) or from a multi‑partner platform.
Statement 3
Is the Global Infrastructure Facility a World Bank collaboration?
Origin: Direct from books
Fairness: Straightforward
Book-answerable
From standard books
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
Presence: 5/5
“Launched by World Bank in 2014, the Global Infrastructure Facility (GIF) is a global, open platform that facilitates the preparation and structuring of complex infrastructure PPPs to enable mobilisation of private sector and institutional investor capital. The GIF platform coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and governments interested in infrastructure investment in Emerging Markets and Developing Economies (EMDEs). • Mobilising the private sector. • Achieving value for money. • Promoting sustainability and inclusiveness. • Complementing individual partner efforts by supplementing existing resources. GGIF supports governments in design, preparation, structuring, transaction implementation activities, etc. in bringing the well-structured and bankable infrastructure projects to the market.”
Why this source?
- Snippet explicitly states GIF was launched by the World Bank in 2014.
- Describes GIF as a global, open platform that coordinates MDBs, private investors and governments — indicating World Bank leadership in the initiative.
- Specifies GIF's role in preparing and structuring complex infrastructure PPPs to mobilise private and institutional capital, consistent with a World Bank collaboration.
Statement 4
Does the Global Infrastructure Facility facilitate the preparation and structuring of complex infrastructure public–private partnerships (PPPs)?
Origin: Direct from books
Fairness: Straightforward
Book-answerable
From standard books
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
Presence: 5/5
“Launched by World Bank in 2014, the Global Infrastructure Facility (GIF) is a global, open platform that facilitates the preparation and structuring of complex infrastructure PPPs to enable mobilisation of private sector and institutional investor capital. The GIF platform coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and governments interested in infrastructure investment in Emerging Markets and Developing Economies (EMDEs). • Mobilising the private sector. • Achieving value for money. • Promoting sustainability and inclusiveness. • Complementing individual partner efforts by supplementing existing resources. GGIF supports governments in design, preparation, structuring, transaction implementation activities, etc. in bringing the well-structured and bankable infrastructure projects to the market.”
Why this source?
- Snippet explicitly describes GIF as a platform that facilitates preparation and structuring of complex infrastructure PPPs.
- Identifies GIF as a World Bank–launched global open platform (2014), giving clear provenance for the claim.
- Notes GIF's role in enabling mobilisation of private sector and institutional investor capital and coordinating MDBs, investors and governments.
Statement 5
Does the Global Infrastructure Facility aim to enable mobilization of private sector and institutional investor capital?
Origin: Direct from books
Fairness: Straightforward
Book-answerable
From standard books
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
Presence: 5/5
“Launched by World Bank in 2014, the Global Infrastructure Facility (GIF) is a global, open platform that facilitates the preparation and structuring of complex infrastructure PPPs to enable mobilisation of private sector and institutional investor capital. The GIF platform coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and governments interested in infrastructure investment in Emerging Markets and Developing Economies (EMDEs). • Mobilising the private sector. • Achieving value for money. • Promoting sustainability and inclusiveness. • Complementing individual partner efforts by supplementing existing resources. GGIF supports governments in design, preparation, structuring, transaction implementation activities, etc. in bringing the well-structured and bankable infrastructure projects to the market.”
Why this source?
- Direct statement that GIF facilitates preparation/structuring of complex infrastructure PPPs to enable mobilisation of private sector and institutional investor capital.
- Identifies GIF as a World Bank‑launched platform (2014), indicating an explicit institutional purpose.
- Notes coordination among MDBs, private investors and governments — showing its role in attracting private/institutional capital.
Statement 6
Is the Global Infrastructure Facility a collaboration among the major banks of the world?
Origin: Direct from books
Fairness: Straightforward
Book-answerable
From standard books
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
Presence: 5/5
“Launched by World Bank in 2014, the Global Infrastructure Facility (GIF) is a global, open platform that facilitates the preparation and structuring of complex infrastructure PPPs to enable mobilisation of private sector and institutional investor capital. The GIF platform coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and governments interested in infrastructure investment in Emerging Markets and Developing Economies (EMDEs). • Mobilising the private sector. • Achieving value for money. • Promoting sustainability and inclusiveness. • Complementing individual partner efforts by supplementing existing resources. GGIF supports governments in design, preparation, structuring, transaction implementation activities, etc. in bringing the well-structured and bankable infrastructure projects to the market.”
Why this source?
- Snippet states GIF was launched by the World Bank in 2014 and is a global platform.
- It 'coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and governments' — indicating collaboration among MDBs and others.
- Purpose given: facilitate preparation/structuring of complex infrastructure PPPs to mobilise private and institutional capital.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > begin{array}{c|c}
\hline
2017 \\
\hline
\end{array} > p. 466
Presence: 4/5
“\begin{array}{c|c} \hline 2017 \\ \hline \end{array} • 4. With reference to 'National Investment and Infrastructure Fund', which of the following statements is/are correct? • 1. It is an organ of NITI Aayog. • 2. It has a corpus of ₹4,00,000 crore at present. Select the correct answer using the code given below: • (a) 1 only • (b) 2 only • (d) Neither 1 nor 2 • (c) Both 1 and 2 • 5. The Global Infrastructure Facility is a/an: • (a) ASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank. • (b) World Bank collaboration that facilitates the preparation and structuring of complex infrastructure public-private partnerships (PPPs) to enable mobilisation of private sector and institutional investor capital”
Why this source?
- MCQ option in the snippet describes GIF as a 'World Bank collaboration' that facilitates PPP preparation/structuring.
- This aligns with snippet [1] that frames GIF as World Bank-led coordination of MDBs and partners.
Statement 7
Does the Global Infrastructure Facility work with the OECD?
Origin: Weak / unclear
Fairness: Borderline / guessy
Indirect textbook clues
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
Strength: 5/5
“Launched by World Bank in 2014, the Global Infrastructure Facility (GIF) is a global, open platform that facilitates the preparation and structuring of complex infrastructure PPPs to enable mobilisation of private sector and institutional investor capital. The GIF platform coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and governments interested in infrastructure investment in Emerging Markets and Developing Economies (EMDEs). • Mobilising the private sector. • Achieving value for money. • Promoting sustainability and inclusiveness. • Complementing individual partner efforts by supplementing existing resources. GGIF supports governments in design, preparation, structuring, transaction implementation activities, etc. in bringing the well-structured and bankable infrastructure projects to the market.”
Why relevant
GIF is a World Bank-launched platform that coordinates and integrates Multilateral Development Banks, private investors and governments for infrastructure in EMDEs.
How to extend
A student could infer GIF routinely partners with multilateral organisations and then check whether OECD, as an international economic organisation, fits GIF's partner profile.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Organisation for Economic Cooperation and Development (OECD) > p. 533
Strength: 4/5
“THE REPORT OF SHIP WAS IMPOUNDED • Its headquarters is located in Paris. • Secretary general is the head of OECD (presently Jose Angel Gurria since June 2006). • OECD is an official UN observer. • Objective of OECD is to stimulate economic progress and world trade. • Frascati Manual, which is prepared by OECD, is a recognised methodology for collecting research and development statistics and is an essential tool for statisticians and policy makers.”
Why relevant
OECD is described as an international economic institution headquartered in Paris with objectives to stimulate economic progress and world trade.
How to extend
Knowing OECD's remit, a student could judge whether OECD activities overlap with GIF's infrastructure/finance focus and so whether collaboration is plausible.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > W International Energy Agency (IEA) > p. 552
Strength: 3/5
“• The IEA was established during the 1973-74 oil crisis to ensure the supply and security \bullet of oil. • To join the IEA, a country must be a member of the OECD. India became an associate \alpha country of IEA in 2017. • The headquarters of IEA is located in Paris, France. \alpha • IEA publishes various reports such as Key World Energy Statistics (KWES), Global ò. Energy Review, World Energy Outlook, Global Electric Vehicle Outlook, the Future of Rail Report, etc. IEA Technology Collaboration Programme on Bioenergy (IEA Bioenergy TCP) - IEA Bioenergy TCP is an international platform which aims to improve cooperation and information exchange between national programs in bioenergy research and development of different countries.”
Why relevant
IEA (an international energy agency) requires OECD membership for full membership and is headquartered in Paris — showing OECD hosts/anchors specialised international agencies.
How to extend
A student could use this pattern (OECD as host/anchor for specialised bodies) to consider whether OECD might host or formally collaborate with infrastructure finance initiatives like GIF.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 9: Agriculture > FINANCIAL ACTION TASK FORCE (FATE) > p. 281
Strength: 3/5
“• Global money laundering is a big challenge as it funds international organized crimes such as drug trade, human trafficking, illegal weapon trade and terrorism.
Financial Action Task Force (FATF) was initially created by G-7 (USA, UK, Canada, France, Germany, Italy and Japan) in 1989 to check global money laundering and terror funding and to maintain the integrity of the international financial system. It is located in OECD headquarters in Paris.”
Why relevant
FATF (an international task force) is located in the OECD headquarters in Paris, illustrating that intergovernmental secretariats and initiatives can be colocated with or administered from OECD facilities.
How to extend
A student could extend this example to hypothesise that GIF might have working relationships or co-location/administrative links with OECD bodies, then verify externally.
Environment, Shankar IAS Acedemy .(ed 10th) > Chapter 24: Climate Change Organizations > 24.23. GLOBAL CLIMATE FINANCE ARCHITECTURE > p. 343
Strength: 3/5
“The global climate finance architecture is channeled through multilateral funds such as the Global Environment Facility and the Climate Investment Funds, and as well as increasingly through bilateral channels,”
Why relevant
Global climate finance architecture is channelled through multilateral funds and bilateral channels, showing infrastructure/climate finance involves many multilateral actors.
How to extend
A student could reason that because GIF deals with mobilising finance for infrastructure, it likely engages with other finance-focused multilateral organisations (potentially including OECD), warranting a targeted check.
Statement 8
Is the Global Infrastructure Facility focused on expanding the set of infrastructure projects that have the potential to mobilize private investment?
Origin: Direct from books
Fairness: Straightforward
Book-answerable
From standard books
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
Presence: 5/5
“Launched by World Bank in 2014, the Global Infrastructure Facility (GIF) is a global, open platform that facilitates the preparation and structuring of complex infrastructure PPPs to enable mobilisation of private sector and institutional investor capital. The GIF platform coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and governments interested in infrastructure investment in Emerging Markets and Developing Economies (EMDEs). • Mobilising the private sector. • Achieving value for money. • Promoting sustainability and inclusiveness. • Complementing individual partner efforts by supplementing existing resources. GGIF supports governments in design, preparation, structuring, transaction implementation activities, etc. in bringing the well-structured and bankable infrastructure projects to the market.”
Why this source?
- Explicitly launched by the World Bank as a platform to facilitate preparation and structuring of complex infrastructure PPPs.
- Aim described as enabling mobilisation of private sector and institutional investor capital.
- Supports governments in design, preparation, structuring and transaction implementation to bring bankable projects to market.
Statement 9
Is the Global Infrastructure Facility funded by UNCTAD?
Origin: Web / Current Affairs
Fairness: CA heavy
Web-answerable
"The Global Infrastructure Facility (GIF), a G20 initiative, is a global collaboration platform ... We enable collective action among a wide range of partners – including donors, development finance institutions, country governments, with inputs of private sector investors and financiers"
Why this source?
- Explicitly identifies the GIF as a G20 initiative and a global collaboration platform.
- Lists partners as donors, development finance institutions, and governments — no mention of UNCTAD as a funder or partner.
"The Global Infrastructure Facility (GIF) is a global, open platform ... The GIF platform coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and financiers, and governments"
Why this source?
- Describes the GIF as coordinating efforts of Multilateral Development Banks (MDBs), private investors and governments.
- Emphasizes the platform role of MDBs and other partners rather than UNCTAD funding.
"Some examples include IDA-issued bonds and the Global Infrastructure Facility."
Why this source?
- Mentions the Global Infrastructure Facility as an example of World Bank Group catalytic activities.
- Links GIF to World Bank Group actions, supporting that GIF funding/operation is associated with MDB/Bank Group activity rather than UNCTAD.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
Strength: 5/5
“Launched by World Bank in 2014, the Global Infrastructure Facility (GIF) is a global, open platform that facilitates the preparation and structuring of complex infrastructure PPPs to enable mobilisation of private sector and institutional investor capital. The GIF platform coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and governments interested in infrastructure investment in Emerging Markets and Developing Economies (EMDEs). • Mobilising the private sector. • Achieving value for money. • Promoting sustainability and inclusiveness. • Complementing individual partner efforts by supplementing existing resources. GGIF supports governments in design, preparation, structuring, transaction implementation activities, etc. in bringing the well-structured and bankable infrastructure projects to the market.”
Why relevant
Explicit statement that the Global Infrastructure Facility (GIF) was launched by the World Bank in 2014 and describes it as a World Bank platform coordinating MDBs, private sector and governments.
How to extend
A student could use this to infer that GIF is associated with the World Bank rather than UNCTAD and then check institutional ownership/funding on a world map of multilateral institutions or official websites.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > begin{array}{c|c}
\hline
2017 \\
\hline
\end{array} > p. 466
Strength: 4/5
“\begin{array}{c|c} \hline 2017 \\ \hline \end{array} • 4. With reference to 'National Investment and Infrastructure Fund', which of the following statements is/are correct? • 1. It is an organ of NITI Aayog. • 2. It has a corpus of ₹4,00,000 crore at present. Select the correct answer using the code given below: • (a) 1 only • (b) 2 only • (d) Neither 1 nor 2 • (c) Both 1 and 2 • 5. The Global Infrastructure Facility is a/an: • (a) ASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank. • (b) World Bank collaboration that facilitates the preparation and structuring of complex infrastructure public-private partnerships (PPPs) to enable mobilisation of private sector and institutional investor capital”
Why relevant
Multiple-choice question in the book lists as an option that the Global Infrastructure Facility is a 'World Bank collaboration' (option b), indicating the common characterization of GIF as World Bank-related.
How to extend
Use this pattern (book framing GIF as World Bank collaboration) to rule out alternative funders like UNCTAD unless counter-evidence is found in primary sources.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > begin{array}{c|c}
\hline
2017 \\
\hline
\end{array} > p. 467
Strength: 3/5
“No question • development in the world.: ANSWERKEY • (a | 2. (b) | 3. (d) | 4. (d) | 5. (b) (d) UNCTAD funded initiative that seeks to finance and facilitate infrastructure No question | dilety muss any 2018 1. Access to affordable, reliable, sustainable and modern energy is the sine qua non to achieve Sustainable Development Goals (SDGs). Comment on the progress made in India in this regard. 2. What are smart cities? Examine their relevance for urban development in India. Will it increase rural-urban differences? Give arguments for 'smart villages' in the light of PURA and RURBAN Mission.”
Why relevant
The snippet contains a fragment mentioning 'UNCTAD funded initiative' adjacent to discussion of infrastructure financing, suggesting some resources distinguish between initiatives funded by UN bodies (UNCTAD) and those by other MDBs.
How to extend
A student could use this to form a checklist: compare the mandate and typical funding activities of UNCTAD versus the World Bank to see which institution typically funds large infrastructure PPP platforms like GIF.
Environment, Shankar IAS Acedemy .(ed 10th) > Chapter 24: Climate Change Organizations > GEF Trust Fund, Climate Change focal area > p. 345
Strength: 3/5
“GEF Trust Fund , Climate Change focal area • Administered by The Global Environment Facilify (GEF)\n• Area of focus Adaptation, mitigation general\n• Date operational 1990 (tracked since zero) The Global Environment Facility Trust Fund supports the implementation of multilateral environmental agreements, and serves as a financial mechanism of the UN Framework Convention on Climate Change. It is the longest standing dedicated public climate change fund. Climate Change is one of the GEF focal areas supported by the Trust Fund. The GEF also administers several funds established under the UNFCCC including the Least Developed Countries Trust Fund (LDCF), the Special Climate Change Trust Fund (SCCF) and is interim secretariat for the Adaptation Fund.”
Why relevant
Examples show specific global funds are administered by clearly identified entities (e.g., GEF Trust Fund administered by the Global Environment Facility).
How to extend
Apply this pattern to GIF: check which institution is named as administrator/founder (World Bank per snippets) to judge if UNCTAD is likely the funder.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 21: Sustainable Development and Climate Change > SUSTAINABLE DEVELOPMENT GOALS > p. 599
Strength: 3/5
“Green Climate Fund (GCF) - At COP 16 held in Cancun (in 2010), the Green Climate Fund (GCF) was established within the framework of the UNFCCC. The Fund is governed by the GCF Board. GCF is intended to mobilise a flow of climate finance to invest in low-emission and climate-resilient development. Global Environment Facility (GEF) - The Global Environment Facility (GEF) was set up on the eve of the 1992 Earth Summit. Through strategic investments, the GEF works to tackle the planet's most pressing environmental problems. The GEF Small Grants Programme provides financial support to civil society and community initiatives in different countries.”
Why relevant
The text lists major global funds (Green Climate Fund, Global Environment Facility) with their institutional homes, illustrating the general rule that global funds are associated with particular multilateral organizations.
How to extend
Use this general rule to look up the institutional home of GIF (expected to be a named multilateral body) and see whether it matches UNCTAD or the World Bank.
Statement 10
Does the Global Infrastructure Facility seek to finance and facilitate infrastructure development worldwide?
Origin: Direct from books
Fairness: Straightforward
Book-answerable
From standard books
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
Presence: 5/5
“Launched by World Bank in 2014, the Global Infrastructure Facility (GIF) is a global, open platform that facilitates the preparation and structuring of complex infrastructure PPPs to enable mobilisation of private sector and institutional investor capital. The GIF platform coordinates and integrates the efforts of Multilateral Development Banks (MDBs), private sector investors and governments interested in infrastructure investment in Emerging Markets and Developing Economies (EMDEs). • Mobilising the private sector. • Achieving value for money. • Promoting sustainability and inclusiveness. • Complementing individual partner efforts by supplementing existing resources. GGIF supports governments in design, preparation, structuring, transaction implementation activities, etc. in bringing the well-structured and bankable infrastructure projects to the market.”
Why this source?
- Explicitly describes GIF as a World Bank-launched global, open platform (2014) for infrastructure work.
- States GIF facilitates preparation and structuring of complex infrastructure PPPs to mobilise private and institutional capital.
- Notes GIF coordinates MDBs, private investors and governments for infrastructure investment in emerging and developing economies.
- Mentions GIF supports governments in project design, structuring and transaction implementation to bring bankable projects to market.
Pattern takeaway:
UPSC constructs distractors by swapping the 'Parent Organization' with a regional body (ASEAN) or a policy body (UNCTAD). If the entity has 'Global' in its name, the parent is usually a global multilateral (World Bank/UN), not a regional bloc.
How you should have studied
- [THE VERDICT]: Sitter. Directly available in standard sources (Nitin Singhania, Ch. 15) and major current affairs compilations of that year.
- [THE CONCEPTUAL TRIGGER]: International Economic Institutions & Infrastructure Investment Models (PPP). The specific focus is on 'Project Preparation' facilities.
- [THE HORIZONTAL EXPANSION]: Contrast GIF (World Bank) with: 1. Global Infrastructure Hub (G20 initiative, data/policy focus). 2. Asia-Pacific Project Preparation Facility (AP3F - managed by ADB). 3. NIIF (India's sovereign wealth fund for infra). 4. AIIB (Beijing-based MDB). 5. NDB (Shanghai-based).
- [THE STRATEGIC METACOGNITION]: When studying an international facility, map it to three columns: (1) Parent Organization (Who hosts it?), (2) Functional Mandate (Lending vs. Policy vs. Project Structuring), and (3) Target Region (Global vs. Regional).
Concept hooks from this question
👉 Global Infrastructure Facility (GIF): origin and mandate
💡 The insight
GIF's origin and role directly bear on whether it is an ASEAN initiative; references state GIF was launched by the World Bank and facilitates PPP project preparation.
High-yield for UPSC: distinguishes global platforms (World Bank-led) from regional initiatives; helps answer questions comparing mandates, membership and financing models of infrastructure bodies. Useful across polity/economy questions on multilateral infrastructure financing and PPPs.
📚 Reading List :
- Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
🔗 Anchor: "Is the Global Infrastructure Facility an ASEAN initiative to upgrade infrastruct..."
👉 Asian Infrastructure Investment Bank (AIIB) vs. multilateral/global platforms
💡 The insight
AIIB is a multilateral bank created for Asia's infrastructure needs, providing a contrast to GIF's World Bank platform — important for judging whether an infrastructure entity is regional (e.g., ASEAN) or multilateral.
High-yield: clarifies differences between region-focused MDBs (AIIB) and global instruments/platforms (GIF); aids in tackling questions on institutional types, financing instruments, and geopolitical origins of infrastructure finance.
📚 Reading List :
- Indian Economy, Vivek Singh (7th ed. 2023-24) > Chapter 13: International Organizations > 13.15 Asian Infrastructure and Investment Bank (AIIB) > p. 400
- Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > ASIAN INFRASTRUCTURE INVESTMENT BANK (AIIB) > p. 532
🔗 Anchor: "Is the Global Infrastructure Facility an ASEAN initiative to upgrade infrastruct..."
👉 ASEAN / regional connectivity vs multilateral initiatives
💡 The insight
The statement asks if GIF is an ASEAN initiative; references on Act East Policy and East Asia Summit highlight ASEAN's regional infrastructure cooperation, enabling contrast with global/multilateral actors.
Useful for UPSC: helps frame questions on regional diplomacy, infrastructure cooperation (ASEAN connectivity), and how regional initiatives differ from MDB-led platforms; aids comparative answers in GS papers and essays.
📚 Reading List :
- Indian Polity, M. Laxmikanth(7th ed.) > Chapter 88: Foreign Policy > ACT EAST POLICY OF INDIA > p. 612
- Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > East Asia Summit (EAS) > p. 550
🔗 Anchor: "Is the Global Infrastructure Facility an ASEAN initiative to upgrade infrastruct..."
👉 Global Infrastructure Facility (GIF) — World Bank-led platform
💡 The insight
Reference [4] identifies GIF as launched by the World Bank and describes its role in preparing and structuring infrastructure PPPs, which is directly relevant to judging claims about its financing source.
High-yield: knowing which institution sponsors or manages a major global facility (World Bank vs. ADB) helps answer direct-source questions and avoids confusion between MDB initiatives. Connects to questions on multilateral initiatives, PPP facilitation, and project preparation roles. Learn by comparing official descriptions of institutions and their flagship platforms.
📚 Reading List :
- Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
🔗 Anchor: "Is the Global Infrastructure Facility financed by credit from the Asian Developm..."
👉 Roles and identities of Multilateral Development Banks (MDBs)
💡 The insight
References [7] and [6] describe ADB and AIIB respectively, helping distinguish these MDBs from the World Bank and assess which bank might finance or manage a given facility.
High-yield: UPSC frequently asks differences and functions of MDBs (World Bank, ADB, AIIB). Mastering their mandates, headquarters, and typical project involvement allows candidates to infer likely sponsors/financiers and spot distractors. Study by tabulating key features (founding, region, mandate).
📚 Reading List :
- Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > ASIAN DEVELOPMENT BANK > p. 530
- Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > ASIAN INFRASTRUCTURE INVESTMENT BANK (AIIB) > p. 532
🔗 Anchor: "Is the Global Infrastructure Facility financed by credit from the Asian Developm..."
👉 GIF function: PPP preparation and mobilisation of private/institutional capital
💡 The insight
Reference [4] emphasises GIF's role in preparing/structuring PPPs and coordinating MDBs and private investors — a function distinct from simply being a credit facility provided by a single MDB like ADB.
Medium-high: understanding functional distinctions (platform/coordination vs. direct lending) helps answer questions about financing mechanisms and institutional roles. Useful for questions on infrastructure financing models and MDB coordination.
📚 Reading List :
- Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
🔗 Anchor: "Is the Global Infrastructure Facility financed by credit from the Asian Developm..."
👉 Global Infrastructure Facility (GIF) — World Bank-launched platform
💡 The insight
The core reference identifies GIF as launched by the World Bank and describes its mandate and structure.
High-yield for questions on international initiatives in infrastructure finance; links World Bank functions to specific global instruments and helps answer questions on multilateral platforms and their objectives.
📚 Reading List :
- Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 15: Infrastructure > GLOBAL INFRASTRUCTURE FACILITY > p. 442
🔗 Anchor: "Is the Global Infrastructure Facility a World Bank collaboration?"
The 'Asia-Pacific Project Preparation Facility' (AP3F) is a real entity managed by the Asian Development Bank (ADB). Option A was likely constructed by describing the AP3F but mislabeling it as the GIF. Knowing the AP3F exists would have helped you spot the trap immediately.
Functional Mapping: 'Global' in the name eliminates ASEAN (Regional) immediately. 'Infrastructure Facility' implies handling money, project structuring, and capital mobilization. UNCTAD (Option D) is a trade/policy think-tank, and OECD (Option C) is a policy/statistics club. Only the World Bank (Option B) has the operational capacity to structure complex financial deals and mobilize private capital.
Mains GS-3 (Infrastructure/Investment Models): Use GIF as a keyword when discussing 'Challenges in PPP'. The GIF specifically addresses the 'lack of bankable projects' by funding the technical/legal structuring before bidding—a solution to the stalled PPP projects mentioned in the Kelkar Committee Report.