The Asian Development Bank (ADB) will provide a USD 152 million to.....for the implementation and enhancement of its power transmission and distribution.

BANKING GENERAL KNOWLEDGE

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

The Asian Development Bank (ADB) will provide a USD 152 million to____for the implementation and enhancement of its power transmission and distribution.

A	Bangladesh
B	Pakistan
C	Sri Lanka
D	Nepal

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

Detailed explanation-4: -Notes: India is the largest borrower of Asian Development Bank and the fourth largest shareholder of ADB. The institution has approved nearly $30 billion to India.

There is 1 question to complete.