Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 5983)

2020-01-05 National

5983.

How much line of credit was given to Cuba by India for financing solar parks?

USD 50 million

USD 75 million

USD 100 million

USD 125 million

Answer: Option

Explanation:

India has extended a line of credit of USD 75 million (over Rs 500 crore) to Cuba for financing solar parks.An agreement signed between Export-Import Bank of India (Exim Bank) and Banco Exterior De Cuba in July last year came into effect from December 12, the RBI said in a statement on January 2.