2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Samsung
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LG Electronics
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Voltas
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Blue Star
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Detailed explanation-1: -This special purpose vehicle, namely, Mumbai Metro One Private Limited (Mumbai Metro 1) was incorporated for the implementation of the project. Reliance Infrastructure holds 74% of the equity share capital of MMOPL, and remaining 26% is with MMRDA.
Detailed explanation-2: -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-3: -MMOPL is a special purpose vehicle (SPV) that was constituted to develop and run the 11.5-km Metro-1 on a public-private-partnership model. RIL owns 69% stake in MMOPL, MMRDA owns 26% and Transdev (formerly Veolia Transport) owns 5%.
Detailed explanation-4: -Metro line 2A (yellow line) links Dahisar East and DN Nagar in Andheri West. Indian Prime Minister Narendra Modi has inaugurated two Mumbai Metro Rail Lines, 2A and 7, valued at nearly Rs126bn ($1.5m).