Asian Development Bank (ADB)
To address this question, we need to identify which international organization signed a $500 million loan agreement with the Government of India on December 20, 2024, to support green and sustainable infrastructure projects. The options provided are:
- International Monetary Fund (IMF)
- Asian Development Bank (ADB)
- World Bank
- Asian Infrastructure Investment Bank (AIIB)
The correct answer is the Asian Development Bank (ADB).
Explanation:
- Asian Development Bank (ADB): ADB is a regional development bank established to promote social and economic development in Asia. It is known for providing financial support for infrastructure projects that include sustainability and green initiatives.
- International Monetary Fund (IMF): The IMF mainly focuses on macroeconomic stability and providing financial assistance to countries facing balance-of-payment problems. It is less likely to directly fund specific infrastructure projects.
- World Bank: While the World Bank also funds infrastructure projects, in this specific instance, it is the ADB that signed the loan agreement with India.
- Asian Infrastructure Investment Bank (AIIB): AIIB is another organization that focuses on infrastructure investment in Asia, but it is not the organization involved in this particular agreement with India.
Thus, based on the specific conditions and the organizations' roles, Asian Development Bank (ADB) aligns with the details given about the loan agreement to support green and sustainable infrastructure projects in India.
Important Questions from Miscellaneous
A stone is thrown horizontally from the top of a 20 m high building with a speed of 12 m/s. It hits the ground at a distance R from the building. Taking g = 10 m/s2 and neglecting air resistance will give :
A mass is attached to a spring that hangs vertically. The extension produced in the spring is 6 cm on Earth. The acceleration due to gravity on the surface of the Moon is one-sixth of its value on the surface of the Earth. The extension of the spring on the Moon would be:
Directions: Each item in this section consists of a sentence with an underlined word followed by four words (a), (b), (c), and (d). Select the option that is opposite in meaning to the underlined word and mark your response in your Answer Sheet accordingly.
The deluge affected the population.The major source of vitamins and minerals for vegetarians is
Which of the following statements about the Deccan Riots Commission is/are correct?
1. The Commission did not hold enquiries in the districts which were not affected.
2. The Commission did record the statements of ryots, sahukars and eye-witnesses.
Select the correct answer using the code given below:
