Current Affairs

GK MCQs Section

Page-4 of ADB

ADB approves Lining Project of Son Canal in Bihar

The Asian Development Bank (ADB) has approved Lining Project of Son canal in Shahabad-Bhojpur region of Bihar. The estimated cost of this project is US $503 million (Rs...

July 10, 2018

India’s economy to grow 7.3% in 2018-19 and 7.6% in 2019-20: ADB Outlook

The Asian Development Outlook 2018 released by Asian Development Bank (ADB) has projected India’s economic growth to 7.3% in 2018-19 fiscal and further to 7.6% in 2019-20 fiscal....

April 13, 2018

ISA-ADB, NDB, GCF, AfDB and AIIB sign joint declarations of financial Partnership

The International Solar Alliance (ISA) and African Development Bank (AfDb), Asian Infrastructure Investment Bank (AIIB), Asian Development Bank (ADB), Green climate fund (GCF), and New Development Bank (NDB)...

March 10, 2018

Government inks $250 Million Loan Agreement with ADB to Improve Rural Connectivity in 5 States

The Union Government has inked $250 Million Loan Agreement with Asian Development Bank (ADB) to Improve Rural Connectivity in 5 States viz. Assam, Chhattisgarh, Madhya Pradesh, Odisha and...

January 31, 2018

ABD lowers India’s GDP forecast to 6.7% for 2017-18

The Asian Development Bank (ADB) in its Asian Development Outlook Supplement has lowered India’s economic growth forecast for current fiscal i.e. FY 2017-18 by 0.3% to 6.7% from...

December 14, 2017

Government inks $65.5 Million Loan agreement with ADB to support Coastal Protection in Karnataka

The Union Government has inked $65.5 million loan agreement with Asian Development Bank (ADB) to continue interventions to check coastal erosion on the Western Coast in Karnataka. The...

October 28, 2017

ADB to increase Annual Lending to India to $4 billion

The Asian Development Bank (ADB) has decided to increase its annual lending to India to maximum of $4 billion between 2018 and 2022 to help fasten inclusive economic...

September 28, 2017

Myanmar becomes 7th member of SASEC

Myanmar became the 7th member of South Asia Sub-regional Economic Cooperation (SASEC) program of Asian Development Bank (ADB). It was officially made member at the SASEC Finance Ministers’...

April 3, 2017

India, ADB sign $500 million loan to build longest river bridge across Ganges River

The Union Government and Asian Development Bank (ADB) have inked a $500-million loan agreement to build a 9.8 km long road bridge across the Ganga River in Bihar....

November 16, 2016

ADB approves $631 million loan for Vizag-Chennai industrial corridor

Multilateral funding agency Asian Development Bank (ADB) has approved $631 million loan for building India’s first coastal industrial corridor between Visakhapatnam (Vizag) and Chennai. The fund will help develop...

September 21, 2016

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