Which financial body has approved a USD 112 million loan to improve water supply infrastructure in Jharkhand?

• A. New Development Bank
• B. Asian Development Bank
• C. World Bank
• D. International Monetary Fund

Answer: (B)

Asian Development Bank (ADB) and the Government of India have signed a USD 112 million loan to develop water supply infrastructure and strengthen capacities of urban local bodies (ULBs) for improved service delivery in four towns in the state of Jharkhand.