Merry Christmas Offer Use Code - SANTA20

Join Here

ADB, India Sign $91 Million Loan

Published on November 19, 2019
Current context: Government of India signed a $ 91 million loan with the Asian Development Bank (ADB) for Comprehensive Water Management in Karnataka.
ADB, India Sign $91 Million Loan 
  • The loan has been taken to improve irrigation water use efficiency by:
    1. Modernizing the Vijayanagara Channel irrigation systems
    2. Preparing river basin management plans in the Krishna river basin
  • The loan is signed for the Karnataka Integrated and Sustainable Water Resources Management Investment Program (IWRM) that involves two projects.
  • The first project is helping the modernization of the Gondi irrigation system and the second Project to modernize Vijayanagara Channel.
  • ADB was established in 1966, owned by 68 members - 49 from the Asia-Pacific region and aims to eradicate extreme poverty and achieve inclusive, resilient, and sustainable Asia and the Pacific.

Question: 

Q.1 The Government of India has recently signed a $ 91 million loan with the Asian Development Bank (ADB) for Comprehensive Water Management in _____________?
a. Odisha
b. Madhya Pradesh
c. Karnataka
d. Telangana
ebook store

About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu