Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1381)

2020-01-18 Banking

1381.

With which bank Assam has signed $88 mn loan agreement to implement the Inland Water Transport Project?

Asian Development Bank

World Bank

Bank of China

Standard Chartered

Answer: Option

Explanation:

World Bank signed an $88 million loan agreement with the Government of India and the Government of Assam on 16 January 2020. The loan is to help modernize Assam's passenger ferry sector that runs on its rivers including the Brahmaputra and implement Inland Water Transport Project.