Which organisation inked $500 Mn loan agreement to improve quality & s – InterviewSolution

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1.	Which organisation inked $500 Mn loan agreement to improve quality & safety of Mumbai's Suburban Railway System with AIIB?
Answer» On August 24, 2020, a quartet loan agreement was inked between Government of India, the Government of Maharashtra, Mumbai Railway Vikas Corporation (MRVC) and the Asian Infrastructure Investment Bank (AIIB) for Mumbai Urban Transport Project-III. The agreement aims to improve the network capacity, reduction in journey time and fatal accidents of commuters, service quality and safety of the suburban railway system in Mumbai, Maharashtra.

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