BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which among the following international organisation has announced its approval to a$ 329 million loan to build access roads across 4, 000 villages in Gujarat recently?
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OPEC
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IMF
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AIIB
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ADB
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Explanation:
Detailed explanation-1: -Detailed Solution. The correct answer is World Bank.
Detailed explanation-2: -Detailed Solution. The correct answer is Gujarat. The World Bank and Asian Infrastructure Investment Bank (AIIB) will provide a loan of Rs 7, 500 crore for the Gujarat government’s Mission School of Excellence project.
Detailed explanation-3: -The Asian Infrastructure Investment Bank (AIIB) is a new international development bank that provides financing for infrastructure projects in Asia. It began operations in January 2016.
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