NABARD approves street lighting system in Arunachal Pradesh

Question: Recently, under the Rural Infrastructure Development Fund for Arunachal Pradesh, the National Agricultural and Rural Development Bank (NABARD) approved the amount of funding for the LED solar street lighting system?
(a) 68.28 lakhs
(b) 78.29 lakhs
(c) 87.83 lakhs
(d) 88.25 lakhs
Answer: (c)
Related Facts:

• On 19^th May, 2018; the National Agricultural and Rural Development Bank (NABARD), for the Arunachal Pradesh under the Rural Infrastructure Development Fund, approval has been granted to provide LED Solar Street Lighting System with a total grant of 87.83 lakhs..
• This project will be implemented in four districts of Tirap, Longding Nansai and Tawang.
• On May 18, 2018, Arunachal Pradesh Chief Minister Pema Khandu launched the project in presence of NABARD president Harsh Kumar Bhanwala.
• Bhanwala met Chief Minister Pema Khandu and briefed him about the recently approved Micro Irrigation Fund approved by the Union Cabinet.
• On May 16, 2018, for the purpose of promoting agricultural produce and income of farmers, a fund of Rs. 5000 crores was sanctioned by the government under NABARD to bring more land under micro-irrigation.

Reference:
https://www.moneycontrol.com/news/india/nabard-sanctions-solar-street-lighting-system-in-arunachal-2571673.html
http://www.business-standard.com/article/pti-stories/nabard-sanctions-solar-street-lighting-system-in-arunachal-118051900329_1.html