Question

Which organization did the Government of India sign a loan agreement with, amounting to 37 billion Japanese Yen (equivalent to $250 million), to fund the construction of the 82-kilometer Delhi-Meerut Regional Rapid Transit System (RRTS) corridor?

A International Monetary Fund Correct Answer Incorrect Answer
B Asian Development Bank Correct Answer Incorrect Answer
C New Development Bank Correct Answer Incorrect Answer
D African Development Bank Correct Answer Incorrect Answer
E European Central Bank Correct Answer Incorrect Answer

Solution

The Government of India signed a loan agreement with the Asian Development Bank (ADB) for 37 billion Japanese Yen ($250 million) for the construction of the 82- kilometer Delhi-Meerut Regional Rapid Transit System (RRTS) corridor.

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