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Feb 2024 CA > Japan's loan to India > Flashcards

Japan's loan to India Flashcards

1
Q

How much loan is Japan giving to India ?

A

232 billion yen

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2
Q

What is 1yen in rupees ?

A

1 yen = Rs 0.54 (almost 50 paise)

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3
Q

Why are these loans given ?

A

It is given to develop 9 projects across various sectors

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4
Q

What is this loan named as ?

A

Official Development Assistance (ODA)

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Feb 2024 CA (404 decks)

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