How much amount has been approved by World Bank (WB) for technical education quality improvement project in India?
[A]$121.50 million
[B]$201.50 million
[C]$222.50 million
[D]$355.50 million

$201.50 million
The World Bank Board has approved the $ 201.50 million for Technical Education Quality Improvement Project (TEQIP III) in India. The purpose of the project is to increase quality and equity in participating engineering education institutes and to improve the efficiency of the engineering education system in focus states.The maturity period for the project is 25 years with an additional 5 years grace period.