Question

Which international financial institution approved a $400-million loan for the urban infrastructure project under AMRUT 2.0?

A International Monetary Fund (IMF) Correct Answer Incorrect Answer
B World Bank (WB) Correct Answer Incorrect Answer
C International Finance Corporation (IFC) Correct Answer Incorrect Answer
D Asian Development Bank (ADB) Correct Answer Incorrect Answer
E New Development Bank (NDB) Correct Answer Incorrect Answer

Solution

India signed a $400 million policy-based loan agreement with the Asian Development Bank (ADB) to create high-quality urban infrastructure, improve service delivery, and promote efficient governance systems, according to a statement from the finance ministry.

Practice Next
×
×