2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Gujarat
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Haryana
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Rajasthan
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Maharashtra
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Detailed explanation-1: -AIIB, Pakistan sign $500 million loan agreement under BRACE program - finance ministry.
Detailed explanation-2: -The Mission of the AIIB is to improve social and economic outcomes in Asia. Asian Infrastructure Investment Bank is headquartered in Beijing and started operations in 2016. China is the largest shareholder with 26.61 % voting shares in the bank, followed by India (7.6%), Russia (6.01%), and Germany (4.2 %).
Detailed explanation-3: -Notes: India and the Asian Infrastructure Investment Bank (AIIB) signed a USD 304 million loan agreement for the Assam Intra-State Transmission System Enhancement Project.
Detailed explanation-4: -India and AIIB: India has a 7.6% shareholding in the bank, which is second to China that has 26.6% shares. India is one of the largest beneficiaries of infrastructure projects financed by AIIB.
Detailed explanation-5: -Government of India, World Bank sign loan agreement of 115 million US dollar for implementation REWARD Project.