Question

With which organization, India has signed a USD 500 million loans agreement in order to expand metro rail network in Bengaluru?
[A] Asian Development Bank
[B] World Bank
[C] European Central Bank
[D] New Development Bank

Answer 1

A [Asian Development Bank]

Notes:

India has signed a USD 500 million loans agreement with the Asian Development Bank (ADB) in order to expand metro rail network in Bengaluru.

Metro Rail Network in Bengaluru will be expanded with the construction of two new metro lines of 56 kilometers.

Signatories to an agreement for Bengaluru Metro Rail Project include: Rajat Kumar Mishra, Additional Secretary of Department of Economic Affairs, and Takeo Konishi, Country Director of ADB’s India Resident Mission.

Answer 2

Answer:

a) Asian Development Bank

I hope this will help you.