Question

How much financial assistance has the Government of India secured through a loan agreement with the Asian Development Bank (ADB) to facilitate the development of industrial corridors in the country?

A USD 100 million Correct Answer Incorrect Answer
B USD 150 million Correct Answer Incorrect Answer
C USD 200 million Correct Answer Incorrect Answer
D USD 250 million Correct Answer Incorrect Answer
E USD 250 million Correct Answer Incorrect Answer

Solution

The Government of India and the Asian Development Bank (ADB) have signed a $250 million policy-based loan that will continue support to industrial corridor development to make manufacturing more competitive, strengthen national supply chains and links with regional and global value chains, and create more and better jobs.

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