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With which of the following has the Government of India signed a $500 million loan to expand the metro rail network in Bengaluru?

With which of the following has the Government of India signed a $500 million loan to expand the metro rail network in Bengaluru? Correct Answer ADB

The correct answer is ADB.

  • The Government of India and the Asian Development Bank (ADB) have signed a $500 million loan to expand the metro rail network in Bengaluru.
  • The project will construct two new metro lines along Outer Ring Road and National Highway 44 between Central Silk Board and Kempegowda International Airport with 30 stations.
  • An additional $2 million technical assistance grant from ADB will help the state government formulate urban development plans and their implementing frameworks. 
  • ADB:
    • Headquarters - Mandaluyong, Philippines.
    • President - Masatsugu Asakawa.
    • Founded On - 19 December 1966.

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