AIIB grants $500 million to India to Combat COVID-19

Published on April 18, 2020
Current Affairs: Asian Infrastructure Investment Bank (AIIB) has announced a financial help of $500 million projects to India to improve its health care systems.
AIIB grants $500 million to India to Combat COVID-19
  • With this, AIIB has doubled its funds under the COVID-19 Crisis Recovery Facility.
  • With these funds, health infrastructure will be improved.
  • It will also provide liquidity, fiscal and budgetary support to India.

Static Part: 

  • HQ of AIIB: Beijing, China

Question:

Q.1 Recently AIIB, has granted ____ million support to India to combat COVID-19?
a. $500 million
b. $600 million
c. $700 million
d. $400 million

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