Current Affairs

GK MCQs Section

Topic: Asian Development Bank (ADB)

Rajasthan Secondary Towns Development Sector Project

In a significant development, the central government and the Asian Development Bank (ADB) recently signed a loan agreement amounting to USD 200 million as additional financing for the...

July 29, 2023

Enhancing Connectivity and Sustainability in Bihar Roads Project

Infrastructure development plays a crucial role in fostering economic growth and improving the overall well-being of communities. In this endeavor, the Indian government, in partnership with the Asian...

July 28, 2023

ADB’s Country Partnership Strategy for India

The Asian Development Bank (ADB) recently rolled out its 2023-27 country partnership strategy for India. This new strategy focuses on key areas to accelerate the country’s development and...

May 31, 2023

ADB to provide 14 billion USD aid for food security in Asia Pacific

The Asian Development Bank announced a $14 billion assistance to fight food insecurity in Asia Pacific. Key facts The funding to address food insecurity in Asia Pacific was...

September 27, 2022

ADB releases updated Asian Development Outlook

The updated Asian Development Outlook predicts that developing economies will faster than China. Key findings For the first time in 30 years, rest of developing Asia will grow...

September 21, 2022

IDMC-ADB report: southwest monsoon lasting longer, displacing millions in South Asia

The recently released joint report of the Internal Displacement Monitoring Centre (IDMC) and the Asian Development Bank (ADB) raised concerns regarding long southwest monsoon causing large-scale displacement of...

September 20, 2022

IMF World Economic Outlook- Update

India’s economic growth forecast has been reduced from 8.2% to 7.4%. The International Monetary Fund (IMF) released India’s growth prediction in its World Economic Outlook on July 26,...

July 27, 2022

ADB to provide USD 350 million to improve access to urban services in India

The Asian Development Bank (ADB) is set to provide USD 350 million loan for improving access to urban services across India. Key Points Access to urban services will be improved:...

December 21, 2021

Asian Development Outlook report- Update

On December 14, 2021, the Asian Development Bank released its Asian Development Outlook Report and reduced its growth forecasts for developing Asia for year 2021. Key Points This...

December 14, 2021

India-ADB sign USD 300 million loan to improve healthcare access in urban areas

Indian government and Asian Development Bank (ADB) signed a loan agreement of 300 million U.S. dollars in order to improve primary health care in urban areas. Highlights This...

November 25, 2021

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