Which financial institution has approved a $150 million loan to fund a sustainable housing project for the urban poor in Tamil Nadu? Options: A . &nbspNew Development Bank B . &nbspInternational Monetary Fund C . &nbspAsian Development Bank D . &nbspWorld Bank

Which financial institution has approved a $150 million loan to fund a sustainab

Question

Which financial institution has approved a $150 million loan to fund a sustainable housing project for the urban poor in Tamil Nadu?

Options:

A . New Development Bank

B . International Monetary Fund

C . Asian Development Bank

D . World Bank

Answer: Option C

The Asian Development Bank has approved a loan of USD 150 million (about Rs 1,095 crore) for a sustainable housing project for the urban poor in Tamil Nadu.

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