Recently, the Government of India has signed a $275 million loan with which of the following international institutions for improving urban services in 64 small towns in the State of Madhya Pradesh?
A. Asian Development Bank
B. World Bank
C. BRICS Banks
D. European Union
Answer:A
Recently, the Government of India has signed a $275 million loan with which of the following international institutions for improving urban services in 64 small towns in the State of Madhya Pradesh?
A. Asian Development Bank B. World Bank C. BRICS Banks D. European Union
Explanation: The Asian Development Bank (ADB) and the Government of India signed a $275 million loan on 19th June 2017 for improving urban services in 64 small towns in the State of Madhya Pradesh. The project will develop sustainable, inclusive, and climate-resilient water supply in 64 small and medium-sized towns, and integrated storm-water and sewerage infrastructure in two heritage towns of Khajuraho and Rajnagar. The project supports the State Government’s priority to develop urban infrastructure. Previous ADB urban investments in the state have improved access to safe drinking water for more than 5 million residents in 4 major cities.