Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 156)
156.
Which organization has provided a $23 million loan for fintech advancement in Gujarat?
World Bank
International Monetary Fund
Asian Development Bank
International Finance Corporation
Answer: Option
Explanation:
The Asian Development Bank (ADB) has allocated a $23 million loan to foster fintech education, research, and innovation within Gujarat's GIFT. This funding is designated to bolster the development of a comprehensive International Fintech Institute, enhancing the region's capacity in financial technology education and fostering innovation aligned with global standards.
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