ADB extends a loan of USD 200 million to Jharkhand for upgrading roads

Q.  ADB has extended a loan of USD 200 million to which Indian state for upgrading roads as per a 10t September 2015 announcement?
- Published on 13 Sep 15

a. Kerala
b. Bihar
c. UP
d. Jharkhand

ANSWER: Jharkhand
 
ADB has extended a loan for Jharkhand to upgrade roads and open new economic opportunities for the poor. It also looks to tap the state’s natural resources through upgraded infrastructure. Loan assistance will be used to upgrade 176 km of roads and generate jobs for people in 5 districts, 20% of which will be reserved for women. State government will provide assistance equal to USD 106.25 million for this 4 year long project.

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