Current Affairs - International - Discussion

Discussion Forum : International - Latest Current Affairs (Q.No. 131)
131.
Which country received a $50 million Government Treasury Bill from India to aid its fiscal reform efforts?
Sri Lanka
Nepal
Bangladesh
Maldives
Answer: Option
Explanation:
India extended financial support to the Maldives by offering a $50 million Government Treasury Bill to help the island nation with its fiscal reforms and move toward greater economic stability. This gesture reflects the strong diplomatic and strategic relationship between the two countries. The Maldives is a vital maritime neighbour to India and plays a significant role in India’s ‘Neighbourhood First’ policy and its broader maritime initiative, Vision ‘MAHASAGAR’. The financial support is not only economic in nature but also underlines India’s commitment to strengthening ties with key regional partners.
Discussion:
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