How much loan amount has the World Bank agreed to provide to the Government of India for the "National Biopharma Mission" named "i3" to promote biopharmaceutical innovation?

Introduction / Context:
This question concerns India's collaboration with the World Bank for promoting the biopharmaceutical sector. The National Biopharma Mission, also called "Innovate in India for Inclusiveness, Innovation and Entrepreneurship" or "i3", is aimed at strengthening India's biopharma innovation ecosystem. The question asks you to recall the size of the World Bank loan supporting this mission.

Given Data / Assumptions:

• The scheme is the National Biopharma Mission titled "i3".
• The loan provider is the World Bank.
• The amount is expressed in USD million.
• Four different loan amounts are given as options.

Concept / Approach:
The concept here is factual recall from current affairs related to science and technology policy. The National Biopharma Mission is a significant initiative, and its financial outlay is often mentioned in news reports. The World Bank approved a loan of about USD 125 million for this mission, complemented by Indian government funding.

Step-by-Step Solution:
Step 1: Identify the mission name "National Biopharma Mission" and its branding as "i3". Step 2: Recall government announcements that the World Bank would support this mission with a specific loan. Step 3: Remember that the commonly cited figure in news reports is USD 125 million. Step 4: Compare this figure with the given options: 255, 125, 100 and 400 million. Step 5: Select USD 125 million as the correct loan amount.

Verification / Alternative check:
Official documents and press releases on the National Biopharma Mission mention a World Bank loan of USD 125 million. This amount is meant to support research infrastructure, clinical trials and capacity building in India's biopharma sector. The other figures in the options do not correspond to this particular mission in standard references.

Why Other Options Are Wrong:
USD 255 million: This is a plausible sounding large amount but does not match the sanctioned figure for this mission.

USD 100 million: Although close, it is still lower than the actual approved amount and therefore incorrect.

USD 400 million: This is significantly higher than the figure associated with the National Biopharma Mission and is not supported by official data.

Common Pitfalls:
A common error is to misremember numbers, especially when multiple schemes are announced in a short time. Another problem is assuming that larger numbers are more likely to be correct. Careful reading of news or revising from authentic sources helps fix the correct amount in memory.

Final Answer:
The World Bank agreed to provide a loan of USD 125 million for the National Biopharma Mission "i3".