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On 29th November 2021, Asian Development Bank(ADB) approved a loan for Water Supply and Sanitation in Uttarakhand, India. What was the amount of loan sanctioned by the Asian Development Bank(ADB)?
$75 Million
$ 100 Million
$ 125 Million
$150 Million
$200 Million
- On 29th November 2021, the Asian Development Bank (ADB) provided financial assistance to the state of Uttarakhand in India.
- This was aimed at improving water supply and sanitation services within the region.
- The project was crucial for enhancing infrastructure and ensuring better public health standards.
- Option 1: $75 Million - This amount is not the correct figure approved for the Uttarakhand project.
- Option 2: $100 Million - This is an incorrect option; the project involved a larger financial commitment.
- Option 3: $125 Million - This amount is also not accurate for the specific loan approved on the mentioned date.
- Option 4: $150 Million - This is the correct amount of loan sanctioned by ADB for the water supply and sanitation project in Uttarakhand.
- Option 5: $200 Million - This amount is too high for the approved loan for this particular project.
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