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      Question

      What amount of long-term loan has the European

      Investment Bank announced to State Bank of India to finance mega-solar projects in India?
      A ₹1,000 Crore Correct Answer Incorrect Answer
      B ₹1,200 Crore Correct Answer Incorrect Answer
      C ₹1,400 Crore Correct Answer Incorrect Answer
      D ₹1,500 Crore Correct Answer Incorrect Answer
      E ₹2,000 Crore Correct Answer Incorrect Answer

      Solution

      The European Investment Bank on 31 March 2017 announced a euro 200 million (₹1,400 crore) long-term loan to State Bank of India to finance mega-solar projects in the country. The loan will support a total investment of euro 650 million in five different large-scale photo-voltaic solar power projects for India’s National Solar Mission.

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