- The EXIM Bank on behalf of GoI has extended $500 million to the island nation.
- The funds will be used to purchase petroleum products.
- Now, the total LoC extended by Exim Bank to Sri Lanka to date has reached 10, and the total value is USD 2.18 billion.
- Static Part:
- HQ of EXIM Bank: Mumbai
- Capital of Sri Lanka: Colombo, Sri Jayawardenepura Kotte
- Currency of Sri Lanka: Sri Lankan rupee
Question:
Q.1 To which nation has EXIM Bank extended LoC of $500 million to purchase petroleum products?
a. Mauritius
b. Indonesia
c. Malaysia
d. Sri Lanka
a. Mauritius
b. Indonesia
c. Malaysia
d. Sri Lanka