2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following lending agency has approved a $150 million loan for ‘Chennai City Partnership:Sustainable Urban Services Program’ to make Chennai a world-class city?
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ADB
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AIIB
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World Bank
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New Development Bank
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Explanation:
Detailed explanation-1: -World Bank has approved about $150 million program to support Chennai’s Sustainable Urban Services and to turn it into a “world-class city”.
Detailed explanation-2: -The World Bank on Friday said its board of executive directors has approved a $150 million (about Rs 1, 112 crore)program to support Tamil Nadu’s vision of making Chennai into a world-class city that is more green, livable, and resilient to climate change.
Detailed explanation-3: -WASHINGTON, June 30, 2022-The World Bank Board of Executive Directors has approved a $190 million loan to the southern Indian state of Tamil Nadu to address the housing needs of the lower-income groups and vulnerable population.
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