Current Affairs - International - Discussion

Discussion Forum : International - Latest Current Affairs (Q.No. 4673)

2019-12-09 International

4673.

Exim Bank signed an agreement with which country's Armed Forces Division to provide $500 million?

Bangladesh

Sudan

Bhutan

Sri Lanka

Answer: Option

Explanation:

On 11 April 2019, the Exim Bank signed an agreement with Bangladesh's Armed Forces Division. The agreement was to provide India-supported line of credit (LoC) $500 million to Bangladesh. The agreement under the LoC came to effect from 7 November 2019.