{"id":74204,"date":"2019-05-09T13:53:01","date_gmt":"2019-05-09T13:53:01","guid":{"rendered":"https:\/\/www.edristi.in\/?p=74204"},"modified":"2019-05-09T13:53:03","modified_gmt":"2019-05-09T13:53:03","slug":"adb-to-fund-indias-metro-projects","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/adb-to-fund-indias-metro-projects\/","title":{"rendered":"ADB to fund India`s metro projects"},"content":{"rendered":"\n<strong>Question: Which international bank has planned to fund the metro rail projects in India for the first time?<\/strong>\n<br>(a)\tInternational Monetary Fund (IMF)\n<br>(b)\tWorld Bank\n<br>(c)\tBRICS Bank\n<br>(d)\tAsian Development Bank\n<strong><br>Answer: (d)\n<br>Related facts:<\/strong>\n\n\n\n\n<ul class=\"wp-block-list\">null<li><strong>The Asian Development Bank (ADB)<\/strong> is moving into <strong>financing\nmetro rail projects <\/strong>in the country in a big way.<\/li><li>It has\ntraditionally funded strongly in the social sector projects like <strong>education, water and irrigation in India.<\/strong><\/li><li>This move\nwas planned at the <strong>52nd Annual Meeting\nof the ADB<\/strong>.<\/li><li>This is\ntaking place in <strong>Fiji Islands<\/strong>. It\nwill take place between <strong>1 and 5 May\n2019.<\/strong><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Projects:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The bank is\ncurrently involved with the <strong>1 billion dollar\nMumbai metro<\/strong> project. This is the largest funding extended to India by the\nADB.<\/li><li>It is also\ntalking to the respective state governments for <strong>funding the Bhopal Metro and Bengaluru Metro. <\/strong><\/li><li>It also\nwished to extend the assistance to <strong>Chennai\nMetro Phase II<\/strong> and the new <strong>Indore\nmetro.<\/strong><\/li><li><strong>ADB <\/strong>has\nfinanced the <strong>Jaipur Metro as well<\/strong>. <\/li><li>It is also\nworking with the <strong>Centre to finance the\nnewly-announced Delhi-Meerut Rapid Rail project<\/strong> cleared by the Cabinet in\nFebruary.<\/li>\n<script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\n<ins class=\"adsbygoogle\" style=\"display:block; text-align:center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-7086827700842303\" data-ad-slot=\"2662621974\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n<li>ADB\nmentioned that it wished to be a <strong>bank\nfor logistics<\/strong> referring to the <strong>Vizag-Chennai\nand the Chennai-Kanyakumari industrial corridors.<\/strong><\/li><li>&nbsp;The bank here is involved in <strong>financing the preparation of the master\nplan.<\/strong><\/li><li>South state\n<strong>Tamil Nadu<\/strong> is emerging as a major <strong>\u2018client\u2019<\/strong> of the bank. \u201c<\/li><li>ADB will\nlend <strong>500 million<\/strong> <strong>dollar <\/strong>each for <strong>energy projects, and urban projects<\/strong>, apart from the <strong>Chennai Metro Phase II.<\/strong><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Links:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.adb.org\/news\/events\/fiji-2019-52nd-annual-meeting-asian-development-bank\" target=\"_blank\">https:\/\/www.adb.org\/news\/events\/fiji-2019-52nd-annual-meeting-asian-development-bank<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.thehindu.com\/business\/Industry\/adb-steps-up-metro-rail-funding\/article27004950.ece\" target=\"_blank\">https:\/\/www.thehindu.com\/business\/Industry\/adb-steps-up-metro-rail-funding\/article27004950.ece<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Which international bank has planned to fund the metro rail projects in India for the first time? (a) International Monetary Fund (IMF) (b) World Bank (c) BRICS Bank (d) Asian Development Bank Answer: (d) Related facts: null The Asian Development Bank (ADB) is moving into financing metro rail projects in the country in a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":74205,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1121],"tags":[2344],"class_list":["post-74204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nnews","tag-national"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/74204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=74204"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/74204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/74205"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=74204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=74204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=74204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}