Question

    Which organization committed $1.6 billion for Phase-I

    development of Amaravati, Andhra Pradesh's capital city?
    A IMF Correct Answer Incorrect Answer
    B World Bank and ADB Correct Answer Incorrect Answer
    C AIIB Correct Answer Incorrect Answer
    D BRICS Development Bank Correct Answer Incorrect Answer
    E European Investment Bank Correct Answer Incorrect Answer

    Solution

    The World Bank and Asian Development Bank (ADB) have committed $1.6 billion for Phase-I development of Amaravati, Andhra Pradesh’s capital city.

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