Which bank has signed an agreement to provide USD 750 million to India for Railway Track Electrification?

  • 1World Bank
  • 2Asian Development Bank
  • 3International Monetary Fund
  • 4Islamic Development Bank
Answer:- 2
Explanation:-

Multilateral funding agency Asian Development Bank (ADB) has announced that it has signed an agreement to provide USD 750 million equivalent in Indian rupee long-term financing to electrify railway tracks in India. It is the largest single non-sovereign loan ever committed by ADB to Indian Railway Finance Corporation (IRFC) to fund the railways track electrification project.

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