Multiple Choice Questions on which entity has agreed to offer Rs 1 25 trillion Line of Credit by 2024 to fund highway projects nb........... for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

which entity has agreed to offer Rs 1 25 trillion Line of Credit by 2024 to fund highway projects nb...........

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    which entity has agreed to offer Rs 1.25 trillion Line of Credit by 2024, to fund highway projects?

    SBI

    Incorrect Answer

    LIC

    Correct Answer

    NTPC

    Incorrect Answer

    IOCL

    Incorrect Answer
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    Explanation:

    Life Insurance Corporation of India has agreed to offer Rs 1.25 trillion Line of Credit by 2024, to fund highway projects. LIC has offered Rs 25,000 crore in a year and Rs 1.25 trilion in five years. The borrowings will be in the form of bonds to be issued by the National Highways Authority of India.

    By: Bhupinder Saini
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