GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank approved loan to help India in improving Rail services?
A
World Bank
B
Asian Development Bank
C
African Development Bank
D
BRICS Development Bank
Explanation: 

Detailed explanation-1: -The Asian Development Bank (ADB) and the Government of India today signed a $350 million loan to build new lines and improve the connectivity of the metro rail system in Chennai with the city’s existing public transport system.

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 Government of India and Asian Development Bank (ADB) today signed a $125 million loan to develop climate-resilient sewage collection and treatment, and drainage and water supply systems in three cities in the state of Tamil Nadu.

There is 1 question to complete.