CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many millions did India and ADB signed Agreement for Tamil Nadu?
A
31 millions
B
28 millions
C
25 millions
D
45 millions
Explanation: 

Detailed explanation-1: -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-2: -ADB, India Sign $251 Million Loan for Integrated Urban Flood Management in Chennai | Asian Development Bank.

Detailed explanation-3: -As of 31 December 2021, ADB’s five largest shareholders are Japan and the United States (each with 15.6% of total shares), the People’s Republic of China (6.4%), India (6.3%), and Australia (5.8%).

Detailed explanation-4: -A founding member of ADB in 1966, India is now ADB’s fourth largest shareholder and its top borrower since 2010. ADB’s operations remain aligned to India’s evolving development priorities.

There is 1 question to complete.