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Asian Infrastructure Investment Bank (AIIB) and Asian Development Bank (ADB) approves __________ million loan for India’s power sector.
  • a)
    USD 100-million
  • b)
    USD 200-million
  • c)
    USD 300-million
  • d)
    USD 400-million
  • e)
    USD 500-million
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Asian Infrastructure Investment Bank (AIIB) and Asian Development Bank...
Answer – Answer – 1. USD 100-million
Explanation

Asian Infrastructure Investment Bank (AIIB) and Asian Development Bank (ADB) will co-finance a USD 100-million loan for boosting the power sector in India.The loan will be used to improve power transmission network and expand the use of solar and wind energy.
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Asian Infrastructure Investment Bank (AIIB) and Asian Development Bank (ADB) approves __________ million loan for India’s power sector.a)USD 100-millionb)USD 200-millionc)USD 300-milliond)USD 400-millione)USD 500-millionCorrect answer is option 'A'. Can you explain this answer?
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