Question

    Asian Development Bank will provide a how much loan for

    designing climate resilient urban infrastructure, strengthening institutional capacity and improving municipal resource mobilisation in Nagaland?
    A USD 2 million Correct Answer Incorrect Answer
    B USD 3 million Correct Answer Incorrect Answer
    C USD 4 million Correct Answer Incorrect Answer
    D USD 5 million Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    • Asian Development Bank will provide a USD 2 million loan for designing climate resilient urban infrastructure, strengthening institutional capacity and improving municipal resource mobilisation in Nagaland. • Government of India and ADB signed the USD 2 million Project Readiness Financing (PRF) loan. • Nagaland’s towns and cities face the long-term challenges of climate change, lack of basic amenities, poor connectivity. • PRF loan will help design water supply, sanitation, solid waste management and urban roads in 16 district headquarter towns.

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