- In this regard, India has granted financial assistance of USD 900 million loans to Sri Lanka.
- The island nation is currently facing a shortage of various essential commodities as the nation is facing a shortage of dollars to pay for the imports.
- Therefore, India’s Reserve Bank of India (RBI) will support financially to Sri Lanka to tackle its crisis.
- These comprise deferment of Asian Clearing Union settlement of over USD 509 million and currency swap of USD 400 million.
- Static Part:
- Capital of Sri Lanka: Sri Jayawardenepura Kotte, Colombo
- Currency of Sri Lanka: Sri Lankan rupee
Question:
a. USD 900 million
b. USD 700 million
c. USD 500 million
d. USD 400 million