Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1020)

2020-09-15 Economy

1020.

Suguna Foods Private Limited signed $15 million deal with which organisation?

World Bank

RBI

ADB

NABARD

Answer: Option

Explanation:

The Asian Development Bank (ADB) has signed an agreement for $15 million of debt financing through the subscription of nonconvertible debentures for Suguna Foods Private Limited (Suguna). The deal will help in sustaining poultry farming operations, as well as rural livelihoods and food security in India during the COVID-19 pandemic.