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Which bank approved loan to help India in improving Rail services?

  • A.African Development Bank
  • B.Asian Development Bank
  • C.BRICS Development Bank
  • D.World Bank

Answer: B

Correct answer: Asian Development Bank

The Asian Development Bank has been the principal lender for Indian railway modernisation - track, rolling stock, signalling and station redevelopment. Founded in 1966 and based at Manila, it lends for infrastructure across the Asia-Pacific region.

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