New NABARD Grade A 2024 Results out!! Register here for a free live workshop on Feb 26, 2025 at 5 PM. Only on Zoom.

    Question

    What is the primary objective of the $200 million loan

    agreement signed between the Asian Development Bank (ADB) and the Government of India?
    A To enhance agricultural productivity and irrigation systems across 100 cities in India. Correct Answer Incorrect Answer
    B To support the development of educational infrastructure and training programs in eight states. Correct Answer Incorrect Answer
    C To improve solid waste management and sanitation in 100 cities under the Swachh Bharat Mission 2.0. Correct Answer Incorrect Answer
    D To fund the construction of new highways and transportation networks in India. Correct Answer Incorrect Answer
    E To promote renewable energy projects and reduce carbon emissions in urban areas. Correct Answer Incorrect Answer

    Solution

    The $200 million loan from the ADB is aimed at enhancing solid waste management and sanitation across 100 cities in India as part of the Swachh Bharat Mission 2.0. The funding will support infrastructure development for waste segregation, collection, and disposal, and will contribute to improving urban sanitation. The program includes establishing and upgrading waste management facilities, constructing community toilets, and fostering capacity building and private sector engagement in waste management services.

    Practice Next

    Relevant for Exams: