On April 28, 2020, Asian Development Bank approves ______ billion USD loan for India to fight COVID-19.

  • A. 1.5 billion USD
  • B. 2.0 billion USD
  • C. 2.5 billion USD
  • D. 3.0 billion USD

Correct Answer: A. 1.5 billion USD

On April 28, 2020, the Asian Development Bank approved 1.5 billion USD loan to support the Indian Government in its actions against the spread of COVID-19 crisis. The loan sanctioned by the ADB is to be used for the social protection of economically vulnerable sections and the poor.

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