2021
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
RBI
|
|
|
ADB
|
|
|
NDB
|
|
|
AIIB
|
Detailed explanation-1: -The Asian Development Bank will provide USD 500 million loans to expand the metro rail network in Bengaluru with the construction of two new metro lines totaling 56 kilometers.
Detailed explanation-2: -ADB and the India government last year signed a deal for a $500 million loan to expand Bengaluru’s metro rail network by constructing two new lines of 56 km length.
Detailed explanation-3: -Name the organization that signed (in Aug’ 21) USD 500 million loans to GoI to expand the metro rail network in Bengaluru, Karnataka. Explanation: The Asian Development Bank will provide USD 500 million loans to the Government of India to expand the metro rail network in Bengaluru, Karnataka.
Detailed explanation-4: -The Asian Development Bank (ADB) and the Government of India today signed a $350 million loan to build new lines and improve the connectivity of the metro rail system in Chennai with the city’s existing public transport system.