Which of the above statements is/are correct?
A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Answer:C
Which of the above statements is/are correct?
A. 1 only B. 2 only C. Both 1 and 2 D. Neither 1 nor 2
Explanation: The Loan Agreement for the financing of Rajasthan Water Sector Restructuring Project for the Desert Areas was signed between Government of India and the New Development Bank (NDB) on 13th February 2018 at New Delhi. This is the first tranche loan of USD 100 million approved by the NDB under the Multi-Tranche Financing Facility of USD 345 million for this project.