Which financial institution has inked a $251-million loan agreement with India for Integrated Urban Flood Management in Chennai? Options: A . &nbspUnited Nations Development Programme B . &nbspWorld Bank C . &nbspAsian Development Bank D . &nbspAsian Infrastructure Investment Bank

Which financial institution has inked a $251-million loan agreement with India f

Question

Which financial institution has inked a $251-million loan agreement with India for Integrated Urban Flood Management in Chennai?

Options:

A . United Nations Development Programme

B . World Bank

C . Asian Development Bank

D . Asian Infrastructure Investment Bank

Answer: Option C

The Government of India and Asian Development Bank (ADB) has signed a $251-million loan for climate-resilient, integrated urban flood protection and management in the Chennai-Kosasthalaiyar basin to strengthen the resilience of Chennai city to floods.

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