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    Question

    What is the purpose of the $23 million loan agreement

    signed between the Government of India and ADB?  
    A To establish an International Fintech Institute (IFI) Correct Answer Incorrect Answer
    B To strengthen the fintech ecosystem in India Correct Answer Incorrect Answer
    C To boost start-up success rates Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The $23 million loan agreement aims to establish an International Fintech Institute (IFI) to strengthen fintech education, boost start-up success rates, and drive fintech research and innovation, thereby strengthening the fintech ecosystem in India.

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