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On 29 November 2021, the Asian Development Bank (ADB) approved a loan for water supply and sanitation in Uttarakhand, India. What was the amount of the loan sanctioned by ADB?

1. 75 Million
2. 100 Million
3. 150 Million
4. 200 Million

Correct answer: 150 Million

Solution

ADB approved a loan of 150 million dollars for the water supply and sanitation project in Uttarakhand on 29 November 2021. This was reported as part of development financing for infrastructure improvement.

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