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Indian Government signed USD 250 million loan agreement with which International Financial Institution for the construction of all-weather roads in five Indian states under Pradhan Mantri Gram Sadak Yojana?
  • a)
    Asian Development Bank
  • b)
    World Bank
  • c)
    Asian Infrastructure Investment Bank
  • d)
    New Development Bank
  • e)
    OPEC Fund for International Development
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Indian Government signed USD 250 million loan agreement with which Int...
Asian Development Bank (ADB) and Indian Government have signed USD 250 million loan agreement for construction of all-weather roads in five Indian states under Pradhan Mantri Gram Sadak Yojana. Funds procured through this loan will be used for construction of 6254 kilometres all-weather rural roads in West Bengal, Chhattisgarh, Assam, Madhya Pradesh and Odisha. First tranche of this loan is part of the USD 500 million Second Rural Connectivity Investment Programme for India, which was approved by ADB in December 2017. Second Rural Connectivity Investment Programme envisages enhancing rural connectivity by improving 12000 kilometres Rural Roads across the 5 states. USD 800 million First Rural Connectivity Investment Programme (executed in 2012, financed by ADB) added about 9000 kilometres of all-weather rural roads in the above mentioned states.
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Indian Government signed USD 250 million loan agreement with which Int...
A) Asian Development Bank
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Indian Government signed USD 250 million loan agreement with which International Financial Institution for the construction of all-weather roads in five Indian states under Pradhan Mantri Gram Sadak Yojana?a)Asian Development Bankb)World Bankc)Asian Infrastructure Investment Bankd)New Development Banke)OPEC Fund for International DevelopmentCorrect answer is option 'A'. Can you explain this answer?
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Indian Government signed USD 250 million loan agreement with which International Financial Institution for the construction of all-weather roads in five Indian states under Pradhan Mantri Gram Sadak Yojana?a)Asian Development Bankb)World Bankc)Asian Infrastructure Investment Bankd)New Development Banke)OPEC Fund for International DevelopmentCorrect answer is option 'A'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Indian Government signed USD 250 million loan agreement with which International Financial Institution for the construction of all-weather roads in five Indian states under Pradhan Mantri Gram Sadak Yojana?a)Asian Development Bankb)World Bankc)Asian Infrastructure Investment Bankd)New Development Banke)OPEC Fund for International DevelopmentCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Indian Government signed USD 250 million loan agreement with which International Financial Institution for the construction of all-weather roads in five Indian states under Pradhan Mantri Gram Sadak Yojana?a)Asian Development Bankb)World Bankc)Asian Infrastructure Investment Bankd)New Development Banke)OPEC Fund for International DevelopmentCorrect answer is option 'A'. Can you explain this answer?.
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