BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
GMR Goa International Airports Ltd, a subsidiary of GMR Airports Ltd, has executed a debt facility agreement for the development of Greenfield airport at Mopa. The entire debt of Rs. 1, 330 crore was underwritten by
A
Bank of Baroda
B
SBI
C
HDFC Bank
D
Axis Bank
Explanation: 

Detailed explanation-1: -PANAJI: GMR Goa International Airport Limited (GGIAL), the special purpose vehicle (SPV) that will develop the greenfield airport at Mopa, has selected Megawide Construction Corporation of the Philippines to construct it.

Detailed explanation-2: -The airport was completed and opened on 11 December 2022, with operations starting from 5 January 2023 with the first flight operated by IndiGo.

Detailed explanation-3: -Presently, the group owns and operates Delhi International Airport, Hyderabad International Airport, and New Goa Manohar International Airport.

Detailed explanation-4: -GMR Goa International Airport Limited, India GMR Goa International Airport Limited (GGIAL), a subsidiary of GMR Airports Limited (GAL), developed New Goa Manohar International Airport at Mopa in North Goa.

There is 1 question to complete.