Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.146)

146. 

Which financial body has approved a $1.5 billion loan to India for procuring a safe and effective COVID Vaccine?

[A]. World Bank
[B]. European Bank for Reconstruction and Development (EBRD)
[C]. New Development Bank (NDB)
[D]. Asian Development Bank (ADB)

Answer: Option D

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).

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