Current Affairs · State Projects
Regarding the Amaravati Capital City Phase-I Development Project in Andhra Pradesh, consider the following statements: 1. The World Bank and Asian Development Bank (ADB) have committed a total of $1.6 billion ($800 million each) for Phase-I development. 2. The total value of Phase-I development is estimated at ₹15,000 crore, with the remaining financial balance supported by the Central Government. Which of the statement(s) given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both 1 and 2✓
- 2Neither 1 nor 2
- 3Only 2
- 4Only 1
Correct answer
Both 1 and 2
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