New Student Offer - HELLO

Join Here

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
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