Question
What is the objective of the $175 million loan signed
between the Government of India and the Asian Development Bank (ADB) for the Madhya Pradesh road improvement project?Solution
The $175 million loan between the Government of India and ADB for the Madhya Pradesh road improvement project aims to enhance connectivity in Madhya Pradesh's state road network across 14 districts, contributing to balanced economic development. The project involves upgrading 500 kilometers of roads to a standard two-lane feature with climate- and disaster-resilient design, innovative road safety elements, and facilities for diverse needs. Additionally, ADB will build the capacity of Madhya Pradesh Road Development Corporation Limited (MPRDC) on climate change adaptation, disaster resilience, and road safety, including strategies for green technology in road construction and charging infrastructure for electric vehicles.
Abhishek invested Rs. 7996.89 in a business for 3.98 months and then left the business. Bhuvan invested Rs. 1998.68 more than Abhishek for (2/3)Â r...
- Anita invests Rs. 9,200 at 7% simple interest per annum for 3 years. If the total amount becomes Rs. '2k', then calculate the product of digits of 'k'.
A man buys a laptop at Rs. 18,000. He pays Rs.6,000 at once and the rest after 18 months on which he is charging a simple interest at the rate of 15% p...
The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 15% p.a. for 2 years, is Rs. 90. If ...
What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
A man invested Rs. 'C' at simple interest of 20% and Rs. 'C + 2000' at simple interest of 16% p.a., for 3 years each. If the interest earned from both i...
A sum of Rs. 3600 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find ...
Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 3500 and Rs...
Mr. X invested Rs. 500 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 12% per annum a...
Raj invested equal amounts in two schemes x and y at compound interest. In scheme x, the rate of interest was 8% per annum and in scheme y the rate of i...
Relevant for Exams:
