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Discussion

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:

1. India should use financial assistance from other international financial organisations to develop such ports in other places.

2. 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: A

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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