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How much amount was approved by Asian Development Bank (ADB) for the for Delhi-Meerut Regional Rapid Transit System (RRTS)?
  • a)
    USD 2 billion
  • b)
    USD 1 billion
  • c)
    USD 750 3illion
  • d)
    USD 500 million
  • e)
    USD 5 billion
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
How much amount was approved by Asian Development Bank (ADB) for the f...
The Asian Development Bank (ADB) has approved a USD 1 billion (about Rs 7,485 crore) loan to construct the modern, high-speed 82-kilometer Delhi – Meerut, Uttar Pradesh Regional Rapid Transit System (RRTS) in India, a first of its kind in India. The finance of the Delhi- Meerut RRTS project will be given in 4 tranches between August 2020 and May 2025. The NCR Transport Corporation (NCRTC) will execute the project.
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How much amount was approved by Asian Development Bank (ADB) for the for Delhi-Meerut Regional Rapid Transit System (RRTS)?a)USD 2 billionb)USD 1 billionc)USD 750 3illiond)USD 500 millione)USD 5 billionCorrect answer is option 'B'. Can you explain this answer?
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