Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.61)

61. 

Which bank extended USD 400 million soft loan to Maldives?

[A]. RBI
[B]. EXIM
[C]. SEBI
[D]. SIDBI

Answer: Option B

Explanation:

The Export-Import Bank of India (Exim Bank) on behalf of the Government of India has extended a Line of Credit (LoC) of USD 400 million (about Rs 2,932 crore) to the Maldives.

Thejas said: (Oct 16, 2020)  
When was this commenced? Give details about it.

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