New Student User- Use Code HELLO

Register Now

India and Maldives signed Various Agreements

Published on February 23, 2021
Current Context: India and Maldives have signed multiple agreements in various areas to boost the bilateral cooperation between them.
India and Maldives signed Various Agreements
  • Total 5 agreements are signed between both nations which will help to boost infrastructure in the island nation.
  • Following are the details of each agreement.
  • The EXIM Bank of India and Fahi Dhiriulhun Corporation signed a Letter of Intent (LoI) for financing 2,000 social housing units in Hulhumale.
  • Both the nations signed MoU to establish Geydhoshu Masplant in Noonu Kendhikulhudhoo. This will help to develop small-scale fish processing plants in the Maldives.
  • The EXIM Bank of India and the government of Maldives signed the Second Amendatory Dollar Credit Line Agreement. This agreement will help to develop roads in the island nation.
  • MoU was signed to have capacity building and exchange of data between Prasar Bharati and Public State Media, Maldives.
  • Ministry of Housing and Urban Affairs of GOI and Ministry of National Planning, Housing and Infrastructure of Maldives signed an agreement for sustainable urban development.
  • Static Part: 
    • Capital of Maldives: Male
    • Currency of Maldives: Maldivian Rufiyaa


Q.1 Recently India signed 5 agreements with which nation in areas like infrastructures, broadcasting, sustainable urban development?
a. Maldives
b. Sri Lanka
c. Mauritius
d. Seychelles
ebook store

About us

ramandeep singh

Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and 5000+ selections, Ramandeep understands the path to success, having transitioned himself from Dena Bank and SBI. He's passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu