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How much loan amount did the Asian Development Bank (ADB) approved for urban sector projects in Rajasthan and Madhya Pradesh?
A)
$620 million
B)
$570 million
C)
$490 million
D)
$310 million

Correct Answer :   $570 million


The Manila-headquartered Asian Development Bank (ADB) said it has approved two loans totalling $570 million (about Rs 4,200 crore) for urban sector projects in Rajasthan and Madhya Pradesh. The $300 million loan has been approved to finance inclusive water supply and sanitation infrastructure and services in secondary towns of Rajasthan. It has approved a $270 million loan for construction of water supply and integrated storm water and sewage management infrastructure in Madhya Pradesh.

Published On : July 19, 2021
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