CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What amount of line of credit has been extended to Mauritius for the Metro Express Project?
A
$170-million
B
$180-million
C
$190-million
D
$200-million
Explanation: 

Detailed explanation-1: -The extension of the Metro Express from Reduit to Cote d’Or will be funded by a grant of USD 25 million and a line of credit worth USD 300 million from India, according to High Commissioner Singla.

Detailed explanation-2: -Taking into account the initial conditions, signals from forward-looking surveys and estimates from structural and other time-series models, CPI inflation is projected to average 6.7 per cent in 2022-23 – 7.1 per cent in Q2, 6.5 per cent in Q3 and 5.8 per cent in Q4, with risks evenly balanced (Chart I. 6).

There is 1 question to complete.