2021
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Asian Development Bank
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World Bank
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International Monetary Fund
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World Economic Forum
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Detailed explanation-1: -Recently, the Asian Development Bank (ADB) and the Government of India signed a USD 484 million loan for the Tamil Nadu Industrial Connectivity Project. The loan is to improve transport connectivity and facilitate industrial development in the Chennai - Kanyakumari Industrial Corridor (CKIC) in the state of Tamil Nadu.
Detailed explanation-2: -The Asian Development Bank (ADB) and the Government of India have signed a $484 million loan, to improve transport connectivity and facilitate industrial development in the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu.
Detailed explanation-3: -The Asian Development Bank (ADB) will provide a $484 million loan (over ₹ 3, 500 crore) to improve transport connectivity and facilitate industrial development in the Chennai-Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu.
Detailed explanation-4: -The Chennai Kanyakumari Industrial Corridor (CKIC) part of the East Coast Economic Corridors, is envisaged along the coast of Tamil Nadu to leverage upon Tamil Nadu’s 1, 000 km long coastline and operational ports.
Detailed explanation-5: -GOI has selected the Asian Development Bank (ADB) as the lead partner for developing the ECEC.