Current Affairs · International Organizations & Funding
In June 2025, the Asian Development Bank (ADB) announced a major funding plan for India's urban transformation. Which of the following statements regarding ADB's initiative is/are correct? 1. The $10 billion Urban Challenge Fund established by ADB will be spread across a period of ten years. 2. The fund will utilize a combination of sovereign loans, private sector financing, and third-party capital for India's urban infrastructure. 3. ADB's plan targets improvements in metro expansion, water & sanitation, and urban governance.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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Both 2 and 3
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