CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much loan amount did the Asian Development Bank (ADB) approved for urban sector projects in Rajasthan and Madhya Pradesh?
A
$570 million
B
$620 million
C
$490 million
D
$510 million
Explanation: 

Detailed explanation-1: -ADB said it has approved a $300 million loan to develop Rajasthan’s secondary towns and a $270 million loan for Madhya Pradesh Urban Services Improvement Project.

Detailed explanation-2: -Urban infrastructure. $150-m ADB loan to build houses for TN’s urban poor.

Detailed explanation-3: -The Asian Development Bank (ADB) on Thursday approved a $500 million loan to the Government of India to help improve the quality of the country’s school education and mitigate the impact of the Covid-19) pandemic on students’ learning.

Detailed explanation-4: -Q. The Asian Development Bank (ADB) has approved a $251 million loan for urban flood protection and management in which state? Notes: The Asian Development Bank (ADB) has approved a $251 million loan for urban flood protection and management in the Chennai–Kosasthalaiyar river basin in the state of Tamil Nadu.

Detailed explanation-5: -ADB $250 million loan for India’s National Industrial Corridor Development Program (NICDP)

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