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The Asian Development Bank (ADB) is to finance USD 50 million policy-based loan for Finance Management in which state?
A)
Tamil Nadu
B)
Maharashtra
C)
West Bengal
D)
Andhra Pradesh

Correct Answer :   West Bengal


Manila-based Asian Development Bank has signed a USD 50-million policy-based loan for the West Bengal Public Finance Management Investment Programme.
The loan aims to improve financial management and operational efficiencies of the state. A centre for fiscal policy and public finance will be established along with a web-based grievance redressal system for transport corporations and urban local bodies.

Published On : July 20, 2021
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