2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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442.26 million
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665.54 Million
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140.54 Billion
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221.27 Million
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Detailed explanation-1: -India, Germany Development Bank sign 442.26 mn loan pact for Surat Metro Rail Project.
Detailed explanation-2: -Two corridors with a combined length of 40.35 kilometers are under construction since 18 January 2021. The project is expected to be completed by December 2027 at an estimated cost of ₹12, 020.32 crore (US$1.5 billion). 38.
Detailed explanation-3: -Rail Vikas Nigam (RVNL) has received a $20m (Rs1. 66bn) contract from Gujarat Metro Rail Corporation (GMRC) in the Indian state of Gujarat. Under the contract, GMRC will supply and commission ballastless track for Surat Metro Rail project under phase one.
Detailed explanation-4: -India is receiving assistance from International Bank for Reconstruction and Development (IBRD) since 1949. IBRD loans though non-concessional are offered relatively on favorable terms compared to commercial sources.