Current Affairs · International Financial Institutions
In June 2025, the Asian Development Bank (ADB) unveiled a landmark $10 billion initiative dedicated to reshaping India's urban landscape through the newly launched Urban Challenge Fund (UCF). Over how many years will this capital be deployed, and what major areas will the fund specifically target?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 15 years; smart cities, green energy, and climate resilience✓
- 27 years; primary healthcare and skill training
- 32 years; rural sanitation and road construction
- 410 years; airports and seaports
Correct answer
5 years; smart cities, green energy, and climate resilience
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