India, Nepal Sign MoU on Preliminary Survey Of Railway Line Between Raxaul & Kathmandu

India and Nepal have signed an MoU on Preliminary Engineering-cum-Traffic Survey on Broad Gauge Rail Line between Raxaul (Bihar) and Kathmandu. Indian Ambassador to Nepal Manjeev Singh Puri and Nepal’s Secretary of Ministry of Physical Planning and Works, Madhusudan Adhikari signed the MoU in Kathmandu. 
India and Nepal had agreed in April 2018 to construct a new electrified rail line with India’s financial support connecting the border city of Raxaul in India to Kathmandu, the capital of Nepal. Konkan Railway Corporation Ltd. has been entrusted to conduct a preliminary engineering-cum-traffic survey of the new rail line in consultation with the Government of Nepal. 
Source- DD News

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Khadga Prasad Sharma Oli is the current Prime Minister of Nepal.
  • Bidhya Devi Bhandari is the current President of Nepal and commander in chief of Nepalese Army. 
  • The Nepalese Rupee is the currency of Nepal.