2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which institution has signed USD 10 million loan agreement with India to expand horticulture in Himachal Pradesh?
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IMF
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DBS Bank
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ADB
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World Bank
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Explanation:
Detailed explanation-1: -Notes: The Asian Development Bank (ADB) and the Government of India on signed a USD 10 million agreement, which aims to finance the projects expanding horticulture production and farm household income in Himachal Pradesh.
Detailed explanation-2: -ADB, India sign $10 million loan to support project preparation to expand horticulture in Himachal Pradesh.
Detailed explanation-3: -Project readiness financing supports activities that are expected to generate at least one ADB-funded project. The small expenditure financing facility responds to small, low-risk financing needs linked to ADB-financed projects.
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