With whom did the government of India sign  a $210 million loan agreement to complete double-tracking and electrification of railway tracks along high-density corridors to improve the operational efficiency of India's railway network?

(A) Asian Development Bank

(B) European Bank

(C) African Development Bank

(D) International Monetary Fund(IMF)

With Asian Development Bank the Government of India signed a $120 million loan agreement to complete double-tracking and electrification of railway tracks along high-density corridors to improve the operational efficiency of India’s railway network.

●       The Headquarter of the Asian Development Bank (ADB) is in Manila,  Philippines.

●     The Asian Development Bank was established as a regional development bank on 19th December 1966.

●       The company also maintains 31 field offices around the world to promote social and economic development in Asia.

●     The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific and non-regional developed countries.

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