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Question
Which two international financial institutions will co-finance USD 2 billion loan for India's fight against COVID-19?
Options:
A .  EDB, EBRD
B .  AIIB, ADB
C .  WB, IMF
D .  EIB, IDB
Answer: Option B

Beijing-based multilateral development bank Asian Infrastructure Investment Bank (AIIB) and the Asian Development (ADB) will co-finance a USD 2 billion loan for India to procure COVID-19 vaccines under ADB's Asia Pacific Vaccine Access Facility (APVAX).



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