Current Affairs · International Loans and Programs
In October 2025, the Asian Development Bank (ADB) approved a USD 460 million loan under the 'Maharashtra Power Distribution Enhancement Program for Agricultural Solarization'. Which of the following statements regarding this loan program is/are correct? 1. The loan program aims to promote agricultural solarization and strengthen rural power infrastructure in Maharashtra. 2. An additional concessional loan worth USD 80 million from the Clean Technology Fund (CTF) was also included under ADB's administration to support the program. 3. The project aims for completion by 2030 and is expected to reduce greenhouse gas emissions by about 3 million tons annually once operational.
- 1Both 1 and 2✓
- 2Both 1 and 3
- 3Only 2
- 4Only 1
Correct answer
Both 1 and 2
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