BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Government of India has released____million Nepali rupees grant for Terai roads project in Nepal.
A
470 million
B
230 million
C
100 million
D
820 million
Explanation: 

Detailed explanation-1: -India has increased its annual grant to Nepal by 29.41 percent. The Indian government through its union budget for the fiscal year 2023-24 has allocated Rs8. 8 billion (IRs5. 50 billion) to Nepal.

Detailed explanation-2: -Nepal’s first paved road was built with aid from India in the early 1950s. It connected Kathmandu with Raxaul on the Indian border. As of 1997, additional roads were being built, primarily with the cooperation of India but also the United States, including an East-West Highway through southern portions of the country.

Detailed explanation-3: -Construction is underway on Nepal’s new Kaligandaki highway, which will provide a key route running North-South through the country. To the north it will connect with China and to the south with India.

There is 1 question to complete.