EXIM Bank to Provide LoC of USD 100 million to Mauritius

Current Context: The Export-Import Bank of India (Exim Bank) has signed an agreement with Mauritius.

• Under the agreement, Exim Bank will provide a soft loan of USD 100 million to Mauritius.
• The loan will be utilised for the procurement of defence items by the island nation.
• The rate of interest associated with the Line of credit support will be a nominal value.
• Out of the total credit support, goods, works and services of the value of at least 75% of the price mentioned in the contract will be supplied by the seller from India and the rest of 25% of goods and services will be procured by the seller from outside India.
• Static Part: 
• Capital of Mauritius: Port Louis
• Currency of Mauritius: Mauritian Rupee
• HQ of Exim Bank: Mumbai
• MD of Exim Bank: David Rasquinha

Question: 

Q.1 Exim Bank provided a soft loan of _____ to Mauritius for the procurement of defence items?
a. USD 90 million
b. USD 110 million
c. USD 100 million
d. USD 80 million