ADB approved Loan for Uttarakhand Water Supply and Sanitation Projects

Current Context: The Asian Development Bank (ADB) has approved a loan for Uttarakhand water supply and sanitation projects.

• The funds of USD 125 million (around Rs 938 crore) were approved by ADB for the same.
• The loan amount will be used to improve access to quality water supply and sanitation services in the state.
• The 136 kilometers of water pipe system will be constructed. This water pipe system will replace defective water networks in South Dehradun.
• The fresh, reliable, and continuous water supply will be delivered to 40,000 people of the state.
• The funds will also be used to install water meters in about 5,400 households. The water meters will support efficient water use and consumption billing.
• Static Part: 
• HQ of ADB: Manila, Philippines
• President of ADB: Masatsugu Asakawa

Question: 

Q.1 Which organization to grant a loan of USD 125 million for Uttarakhand water supply and sanitation projects?
a. World Bank
b. Asian Development Bank
c. Asian Infrastructure Investment Bank
d. New Development Bank