CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
With how much amount ADB will help India and 9 other nations to ensure quality education to out of school children?
A
$ 100 million
B
$ 200 million
C
$ 500 million
D
$ 1000 million
Explanation: 

Detailed explanation-1: -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-2: -ADB has approved USD 500 million (about Rs 3, 752 crore) loan to help the government of India improve the quality of the country’s school education and mitigate the impact of the coronavirus disease (COVID-19) pandemic on students’ learning, ADB stated on Thursday.

Detailed explanation-3: -The all India average per-child allocation is ₹8, 297.

Detailed explanation-4: -ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.

There is 1 question to complete.