Q9 · UPPSC current affairs · 8 September 2026 · News · ADB Transaction Advisory Agreement Madhya Pradesh Clean Energy

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English हिंदी

Consider the following statements regarding the recent Asian Development Bank (ADB) agreement in Madhya Pradesh:1.ADB signed its first Transaction Advisory Services agreement in India with the Madhya Pradesh government to mobilize clean energy financing.2.The agreement is primarily aimed at boosting traditional coal-fired thermal power generation in the state.Which of the statements given above is/are correct?

A 1 only

B 2 only

C Both 1 and 2

D Neither 1 nor 2

Correct answer: (a) 1 only

Explanation

Statement 1 is correct as ADB signed its first transaction advisory pact in India with Madhya Pradesh for clean energy financing. Statement 2 is incorrect because the partnership focuses on clean energy, not coal-fired thermal power.

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