Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 7215)
7215.
India has signed how much amount of loan agreement with New Development Bank (NDB) for major district roads project in Madhya Pradesh?
$350 million
$300 million
$450 million
$400 million
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
1 comments Page 1 of 1.

Bheemashankar said:   8 years ago
The Loan Agreement for New Development Bank (NDB) financing of US$ 350 Million for Development and Upgradation of Major District Roads Project in Madhya Pradesh was signed between Government of India and the New Development Bank (NDB) here today. This is the First Loan Agreement for NDB assisted project in India.

The Loan Agreement was signed by Mr. Raj Kumar, Joint Secretary, Department of Economic Affairs (DEA) on behalf of the Government of India and Mr. Xian Zhu, Vice President & Chief Operating Officer on behalf of the New Development Bank.

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