CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much loan did AFD, the French development bank, lend for Smart Cities Mission?
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Explanation: 

Detailed explanation-1: -AFD: French Development Agency committed over Rs 20, 000 crore to India in 2021-The Economic Times.

Detailed explanation-2: -₹48, 000 crore (US$6.0 billion) for the Smart Cities mission and a total funding of ₹50, 000 crore (US$6.3 billion) for the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) have been approved by the Cabinet.

Detailed explanation-3: -48, 000 crore over five years, i.e., on an average of Rs. 100 crore per city per year. An equal amount on a matching basis is to be contributed by the State/ULB.

Detailed explanation-4: -NEW DELHI: There are about 12 crore people in the country who will be the direct beneficiaries of the Smart City project.

Detailed explanation-5: -In general, a smart city is a city that uses technology to provide services and solve city problems. A smart city does things like improve transportation and accessibility, improve social services, promote sustainability, and give its citizens a voice.

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