The Asian Development Bank (ADB) and the Government of India signed.....million loan agreement to help modernize technical and vocational education and training (TVET) institutions and improve the skills ecosystem in the State of Himachal Pradesh.

BANKING GENERAL KNOWLEDGE

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Asian Development Bank (ADB) and the Government of India signed____million loan agreement to help modernize technical and vocational education and training (TVET) institutions and improve the skills ecosystem in the State of Himachal Pradesh.

A	$ 80 million
B	$ 70 million
C	$ 50 million
D	$ 10 million

Explanation:

Detailed explanation-1: -ADB has approved USD 500 million (about Rs 3, 752 crore) loan to help the government of India improve the quality of the country’s school education and mitigate the impact of the coronavirus disease (COVID-19) pandemic on students’ learning, ADB stated on Thursday.

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: -India, ADB sign $125 million loan to improve Urban Services in Tamil Nadu. The Government of India and Asian Development Bank (ADB) today signed a $125 million loan to develop climate-resilient sewage collection and treatment, and drainage and water supply systems in three cities in the state of Tamil Nadu.

Detailed explanation-4: -ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.

There is 1 question to complete.