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      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 Pradeshโ€™s capital city.

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