BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Asian Development Bank (ADB) and India signed a$ 60 Million Loan Agreement in New Delhi to continue financing riverbank protection works, renovation of flood embankments in critically flood-prone areas in____
A
Bihar
B
Assam
C
Kerala
D
Puducherry
Explanation: 

Detailed explanation-1: -The Asian Development Bank (ADB) and the Government of India today signed a $350 million loan to improve the connectivity of key economic areas in the state of Maharashtra.

Detailed explanation-2: -The Asian Development Bank (ADB) and the Government of India today signed a $220 million loan to improve energy security, quality of supply, efficiency, and resilience of power sector in Tripura.

Detailed explanation-3: -Q. The Asian Development Bank (ADB) has approved a $251 million loan for urban flood protection and management in which state? Notes: The Asian Development Bank (ADB) has approved a $251 million loan for urban flood protection and management in the Chennai–Kosasthalaiyar river basin in the state of Tamil Nadu.

Detailed explanation-4: -The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.

There is 1 question to complete.