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The Government of India and the Asian Development Bank (ADB) signed a $251 million loan for climate-resilient, integrated urban flood protection and management in which of the following city?
  • a)
    Chennai
  • b)
    Mumbai
  • c)
    Kota
  • d)
    Lucknow
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
The Government of India and the Asian Development Bank (ADB) signed a ...
The Government of India and the Asian Development Bank (ADB) signed a $251 million loan for climate-resilient, integrated urban flood protection and management in the Chennai-Kosasthalaiyar basin to strengthen resilience of Chennai city to floods.
  • Ministry of Finance, India signed the agreement for the Integrated Urban Flood Management for the Chennai-Kosasthalaiyar River Basin Project, while Shri Takeo Konishi, Country Director of ADB’s India Resident Mission signed for ADB.
  • The project interventions will help reduce the vulnerability of Chennai–Kosasthalaiyar basin residents to frequent floods, which have in recent years destroyed property and livelihoods.
  • Hence, option (a) is the correct answer.
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