Current Affairs · International Loans and Projects
In October 2025, which of the following statements regarding the Asian Development Bank (ADB) loan for the Indore Metro Rail Project is/are correct? 1. ADB approved a USD 190 million loan to support the development of a new metro line in Indore with underground sections to connect congested zones. 2. The project focuses on enhancing urban mobility, reducing traffic congestion and pollution, and catalyzing inclusive growth in Madhya Pradesh. 3. The Indore Metro project is implemented by Mumbai Metro Rail Corporation and is set to be operational by 2029, ahead of the original deadline. Select the correct answer using the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only 1
- 2Both 1 and 2✓
- 3Both 1 and 3
- 4Only 3
Correct answer
Both 1 and 2
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