Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1954)
1954.
This bank has approved a fund for Reliance Bangladesh Liquefied Natural Gas (LNG).
Corporation Bank
Bank of Baroda
Asian Development Bank
Andhra Bank
Answer: Option
Explanation:
The Asian Development Bank (ADB) has approved debt financing and partial risk guarantee of $583 million to develop Reliance Power's 750MW LNG based combined cycle power plant and LNG terminal project in Bangladesh. ADB's financing package includes loans and partial risk guarantees for the power generation facility, as well as for the LNG terminal. The total project cost is approximately $1 billion.
Discussion:
1 comments Page 1 of 1.

Ranjeet said:   7 years ago
Very good test.

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