India signed a loan agreement with Asian Infrastructure Investment Bank (AIIB) for financing of USD 329 million for Gujarat Rural Roads Project. AIIB based in-?

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Solution

The correct option is B
China

India signed a loan agreement with Asian Infrastructure Investment Bank (AIIB) for financing of USD 329 million for Gujarat Rural Roads Project. Headquarters of AIIB is located in Beijing, China.

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Similar questions

For which of the following project, a Financing Agreement for IBRD loan of USD 250 million (equivalent) was signed with the World Bank?

Q. India has signed how much amount of loan agreement with the World Bank to provide additional financing for the Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project?

Q. India has signed a loan agreement worth $275 million with which of the following agencies/banks for improving rural road connectivity in five states in the country ?

Q. Consider the following statements about Asian Infrastructure Investment Bank (AIIB)

1

. India is one of the founding members of AIIB.

2

. India is the second largest shareholder in AIIB.

3

. AIIB is headquartered in Mumbai, India.
Which of the given statements is/are correct?

Q3) India recently gave its approval for the ratification and submitting of the Articles of Agreement (AoA) of AIIB. Which of the following is incorrect about Asian Infrastructure Investment Bank (AIIB)?

1) It is designed to finance infrastructure projects including energy, transport, skill development and infrastructure projects all over the world

2) AIIB’s Headquarter is located at Beijing

3) Russia is the second largest shareholder after China with 6.66 percent stake and voting share of 5.92 per cent

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India signed a loan agreement with Asian Infrastructure Investment Bank (AIIB) for financing of USD 329 million for Gujarat Rural Roads Project. AIIB based in-?

The correct option is B China India signed a loan agreement with Asian Infrastructure Investment Bank (AIIB) for financing of USD 329 million for Gujarat Rural Roads Project. Headquarters of AIIB is located in Beijing, China.

The correct option is B
China

India signed a loan agreement with Asian Infrastructure Investment Bank (AIIB) for financing of USD 329 million for Gujarat Rural Roads Project. Headquarters of AIIB is located in Beijing, China.