INDIA CLAIMS A LOAN OF $250 MILLION FROM THE BRICS’S NEW DEVELOPME...

54. - CURRENT AFFAIRS APRIL QUESTION ANSWER 2016 PDF BY AFFAIRSCLOUD
CURRENT AFFAIRS APRIL QUESTION ANSWER 2016 PDF BY AFFAIRSCLOUD
54. India claims a loan of $250 million from the BRICS’s New Development Bank to which bank for a renewable Energy project? A.State Bank of India B.Reserve Bank of India C.Indian Bank D.Canara Bank Ans: D.Canara Bank Explanation: India gets a loan of $250 million from the BRICS’s New Development Bank funding to Canara Bank for a renewable energy project. The Development Bank has approved four green renewable energy projects from India, China, Brazil and South Africa entailing Bank financing of $811 million.