Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1951)
1951.
Which bank has approved a loan of USD 346 million to fund highway upgradation project in Karnataka?
Asian Development Bank
State Bank of India
IDBI bank
Small Industries Development Bank of India
Answer: Option
Explanation:
An international financial organisation, Asian Development Bank (ADB) has announced that it has approved a loan of USD 346 million to fund highway upgradation project in Karanataka. Funds procured through this loan will be deployed to improve 419 km of state highways by upgrading it to two and four-lane highways. It will also include construction of planned pedestrian, installation of women-friendly amenities, marked crossings and proper signage.
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