2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Asian Development Bank
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Asian Infrastructure Investment Bank
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World Bank
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Reserve Bank of India
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Detailed explanation-1: -The Asian Development Bank (ADB) and the Government of India signed a $926 Million Loan Agreement today to operationalize two lines for the Mumbai Metro Rail System that will ease the distress of millions of commuters each day and help provide a cleaner, less congested city.
Detailed explanation-2: -The tranche 1 loan for the Chennai Metro Rail Investment Project is part of the $780 million multi-tranche financing facility for the project approved by ADB in December last year to develop three new metro lines in Chennai.
Detailed explanation-3: -The Mumbai Metropolitan Region Development Authority (MMRDA) signed a memorandum of understanding (MoU) with REC Limited, a central government undertaking, for the funding of ₹30,483 crores for the ongoing nine lines of Metro projects in Mumbai Metropolitan Region (MMR).
Detailed explanation-4: -The preliminary report proposed a 32 km (20 mi) line with 29 stations, to be built at an estimated cost of ₹22,000 crore. This would be the fourth line of the metro, after the previously proposed Charkop-Dahisar route was merged with the Charkop-Bandra-Mankhurd route to form Line 2.