2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How many millions did loan agreement with ADB to help modernize Technical Education in Himachal?
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80
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50
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60
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70
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Explanation:
Detailed explanation-1: -ADB, India sign $10 million loan to support project preparation to expand horticulture in Himachal Pradesh.
Detailed explanation-2: -ADB offers hard currency loans, both senior and subordinated, as well as mezzanine financing. We also offer local currency loans in selective markets on a case to case basis. Interest rates and other terms vary, depending on a company’s or project’s needs and risks.
Detailed explanation-3: -ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
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