Statement : The Asian Development Bank has approved a $285 million loan to finance a project to construct coal ports by Paradip and Madras Port Trusts.

Courses of Action :
I. India should use financial assistance from other international financial organisations to develop such ports in other places.
II. India should not seek such financial assistance from the international financial agencies.
  • 1Only I follows
  • 2Only II follows
  • 3Either I or II follows
  • 4Neither I nor II follows
Answer:- 1
Explanation:-

Solution:
Clearly, such projects shall be an asset and a source of income to the country later on. So, course I shall follow.

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