Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 433)
433.
Which financial body has approved a $1.5 billion loan to India for procuring a safe and effective COVID Vaccine?
World Bank
European Bank for Reconstruction and Development (EBRD)
New Development Bank (NDB)
Asian Development Bank (ADB)
Answer: Option
Explanation:
The Asian Development Bank (ADB) has approved a $1.5 billion loan (approx Rs 11,185 crore) to help the Government of India purchase safe and effective vaccines against the coronavirus (COVID-19).
Discussion:
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