In December 2021, the ________ approved a $500 million loan to the Government of India to help improve the quality of the country’s school education and mitigate the impact of the Covid-19 pandemic on the students’ learning.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Asian Development Bank.
In December 2021, the Asian Development Bank (ADB) approved a $500 million loan to support India’s efforts to enhance its school education system and address challenges exacerbated by the Covid-19 pandemic.
This loan was part of the "Strengthening Classroom Teaching and Resources in Government Schools" project, which aims to improve the quality of education through several key initiatives. The project focuses on reducing learning losses that occurred during the pandemic and improving overall educational outcomes in government schools across India.