Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1006)

2021-02-14 Banking

1006.

How much amount has been committed by the EXIM Bank through Line of Credit to fund the Greater Male Connectivity Project of the Government of Maldives?

USD 500 million

USD 400 million

USD 300 million

USD 700 million

Answer: Option

Explanation:

The Export-Import Bank of India (Exim Bank) will provide USD 400 million to Maldives through Line of Credit (LoC) to fund Greater Male Connectivity Project.