World Bank Offered Loan of $250 Million for Andhra Pradesh

Current Context: The loan agreement was signed among, Government of India, Andhra Pradesh Government, and World Bank to improve the education quality in the state of Andhra Pradesh.

• In this regard, the loan agreement worth $250 million was signed amongst the entities.
• The project will be executed to improve the quality of education and educational service delivery in the state’s schools.
• Around 40 lakh students between age 6 and 14 in 45,000 government schools will be benefited and 10 lakh students between 3 and 6 age from Anganwadis of the state will be benefited from the project.
• The project will also impart various training sessions to the teachers and Anganwadi workers.
• Static Part: 
• HQ of World Bank: Washington DC, US
• President of World Bank: David R Malpass

Question: 

Q.1 Which entity granted a loan of $250 million to Andhra Pradesh in order to develop education quality in the state?
a. Asian Development Bank
b. New Development Bank
c. Asian Infrastructure Investment Bank
d. World Bank