New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    How much loan amount has been sanctioned by ADB to India

    for infrastructure projects? 
    A $1.5 billion Correct Answer Incorrect Answer
    B $1.2 billion Correct Answer Incorrect Answer
    C $1.4 billion Correct Answer Incorrect Answer
    D $1.9 billion Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Indian government and the Asian Development Bank (ADB) signed loan agreements totalling $1.22 billion for developing infrastructure in various Indian states. The agreements include $220 million and $300 million loan for improving the power sector and highways in the northeastern states of Tripura and Assam, $350 million for metro rail connectivity in the southern city of Chennai, and $350 million for improvement of key economic areas in the western state of Maharashtra.

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