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Economy - Current Affairs and GK

Q1:

What is the value of the loan, in US dollars, that the Government of India and ADB signed for the Delhi-Meerut RRTS corridor?

A $250 million

B $280 million

C $230 million

D $206 million

ANS:A - $250 million

The loan agreement between the Government of India and ADB is valued at $250 million, which is equivalent to 37 billion Japanese Yen. This funding will be used to support the ongoing construction of the Delhi-Meerut RRTS corridor, a high-speed rail link that aims to improve connectivity and transportation between the two cities.