2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank approved USD 132.8 mn loan to improve power distribution in Meghalaya?
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RBI
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IMF
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World Bank
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ADB
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Explanation:
Detailed explanation-1: -Shillong: The Asian Development Bank has approved USD 132.8 million loan to improve and upgrade the power distribution network in Meghalaya, Power Minister James PK Sangma said on Tuesday.
Detailed explanation-2: -The correct answer is ADB. Asian Development Bank (ADB) and the Indian government signed a $100-million dollar loan on 31 December 2020.
Detailed explanation-3: -Notes: The Asian Development Bank (ADB) is to provide a USD 100 million loan to upgrade the power distribution system in Bengaluru city.
There is 1 question to complete.