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  1. World Bank
  2. Asian Development Bank
  3. New Development Bank
  4. International Monetary Fund
  5. International Bank for Reconstruction and Development
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Option 2 : Asian Development Bank

  • Asian Development Bank and Government of India signed a 490 million dollars loan for public-private partnership project on 20 Dec 2019.
  • It will upgrade about 1600 km of state highways and major district roads from single-lane to two-lane widths in Madhya Pradesh.
  • An additional 286 million dollars investment will be mobilised through private sector participation under the PPP modality.
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Related Questions

The following sentences have been given in a jumbled manner. Un-jumble the sentences and answer the option which describes the order of sentences in a correct manner.  A. India's government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of its small firms, two officials said, in a sign, the country's banking system may not be robust enough to do the job on its own B. India's micro, small and medium enterprise(MSME) ministry is discussing the proposal to pull in foreign banks with the country's ministry of finance, which will make a final call. C. The push for foreign loans comes on the heels of the Indian government's announcement earlier this month that it plans to borrow about 700 billion rupees by issuing overseas sovereign bonds. D. The government is in discussions with multiple foreign lenders, including Germany's state-owned development bank KfW Group, the World Bank and some Canadian institutions to extend lines of credit to small enterprises E. One official said that the government plans to source up to 1 trillion Indian rupees of loans from foreign institutions because Indian banks were not in a position to provide enough capital for the small business sector, which is seen as critical to job creation.?
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