Japan to provide development assistance loan to India worth INR 5479 crore

Q.  Japan is set to give India development assistance loan worth how much for Chennai and Ahmedabad Metro projects?
- Published on 01 Dec 15

a. INR 5479 crore
b. INR 4410 crore
c. INR 5000 crore
d. None of the above

ANSWER: INR 5479 crore
 
Japan will provide development assistance loan worth INR 5479 crore for Chennai and Ahmedabad Metro development projects. An agreement has been signed for JPY 19.981 billion (about Rs 1,069 crore) for the Chennai Metro Rail Project (IV) and JPY 82.434 billion (about Rs 4,410 crore) for Ahmedabad Metro Project.

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