Which financial body has approved USD 150 million loan for the Sustainable Urban services program for Chennai Metropolitan Area (CMA)?

• A. International Monetary Fund
• B. Asian Infrastructure Investment Bank
• C. World Bank
• D. Asian Development Bank

Answer: (B)

The Asian Infrastructure Investment Bank (AIIB) has approved a USD 150 million loan for the Government of India for the implementation of the Sustainable Urban services program for the Chennai Metropolitan Area (CMA).