Which of the following lending agency has approved a $150 million loan for 'Chennai City Partnership: Sustainable Urban Services Program' to make Chennai a world-class city?

• A. AIIB
• B. New Development Bank
• C. World Bank
• D. ADB

Answer: (C)

The World Bank has approved a $150 million loan for funding the 'Chennai City Partnership: Sustainable Urban Services Program' of Tamil Nadu, with the vision of making Chennai into a world-class city that is more green, liveable, and resilient to climate change.