India and ADB signed a $4.5 million PRF Loan

Published on October 29, 2021
Current Context: The Government of India and Asian Development Bank (ADB) have entered to sign a $4.5 million project readiness financing (PRF) loan.
India and ADB signed a $4.5 million PRF Loan
  • The loan will support developing projects to enhance urban mobility in Aizawl in Mizoram.
  • The Aizawl’s urban mobility is severely constrained because of rapid and unplanned urbanization.
  • This impacts traffic issues because narrow road widths result in adverse impacts on road safety and inefficiency to the people.
  • So the $4.5 million PRF loan will help to solve the city’s mobility problems.
  • The PRF will conduct feasibility studies on projects which are identified, then it will frame detailed project reports and detailed design for the ensuing project.
  • The Comprehensive Mobility Plan (CMP) will be developed for the Aizawl.
  • Static Part: 
    • Wild Life Sanctuaries in Mizoram: Lengteng WLS, Pualreng WLS, Tawi WLS, Dampa Tiger Reserve, Palak (Tokalo) WLS

Question: 

Q.1 The GOI and ADB signed a $4.5 million project readiness financing (PRF) loan to support developing projects to enhance urban mobility in which city of Mizoram?
a. Lengpui
b. Lunglei
c. Aizawl
d. Champhai
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