Question

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.

• A. Only I follows
• B. Only II follows
• C. Either I or II follows
• D. Neither I nor II follows
• E. Both I and II follow

Answer 1

The correct option is A Only I follows

Such kind of products should be encouraged because they form important assets and will bring lot of profit in the country.

So, it should use financial assistance. Thus I holds true.

Hence, Option A is correct.