Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1698)
1698.
Which bank signed a loan agreement US$13 million loan pact with EESL to promote efficient energy usage in India?
Asian Development Bank
World Bank
State Bank of India
NABARD
Answer: Option
Explanation:
The Asian Development Bank (ADB) will provide US$13 million loan to Energy Efficiency Services (EESL) to promote efficient energy usage in India. The loan amount will be provided by the Global Environment Facility (GEF). The grant, to be administered by ADB, is tied to the USD 200 million ADB-financed Demand-Side Energy Efficiency Sector Project.
Discussion:
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