Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1383)

2020-01-09 Banking

1383.

How much amount was raised by EXIM Bank through an overseas bond sale to execute regular activities?

$1 billion

$2 billion

$3 billion

$5 billion

Answer: Option

Explanation:

Exim Bank raises $1 bn via overseas bond sale to execute regular activities. The Export Import Bank of India (Exim Bank) on January 7 said it has raised $1 billion (over Rs 7,000 crore) through an overseas bond sale which will be used for its regular activities.