Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.167)

167. 

Which Bank extends USD 250 million line of credit to Mozambique?

[A]. World Bank
[B]. Swiss Bank
[C]. EXIM Bank
[D]. RBI

Answer: Option C

Explanation:

On August 3rd, 2020 Export-Import Bank on behalf of Indian Government, extended a Line of Credit of USD 250 million (about Rs. 1,870 Crores) to Mozambique to improve the power supply quality of the country.

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