On 28 September 2015 India signed 123 51 million loan agreement with Asian Development Bank The loan...........

Current (GK) Prelim States Updates

On 28 September 2015. India signed $ 123.51 million loan agreement with Asian Development Bank. The loan will be used for upgrading tourism infrastructure in which of the followingStates?

1.Punjab

2. HimachalPradesh

3.JammuandKashmir

4.Uttrakhand

This questions was previously asked in

PCS Previous year General Studies paper (2015)

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1, 2 and 3

1,2 and 4

2, 3 and 4

2 and 3

Explanation:

Asian Development Bank inked a pact with India to lend $123.51 million for upgrading tourism infrastructure in Himachal Pradesh, Uttarakhand and Punjab. This is the third tranche of a loan that is part of the Infrastructure Development Investment Programme for Tourism.The loan will be used for development and conservation of natural and cultural attractions, to improve basic tourism facilities with connectivity to tourist attractions and to build the capacity of sector.