New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The Indian government has issued a USD ___________

    billion line of credit (LoC) for Sri Lanka to aid in the import of food, necessary products, and medication.
    A 1 Correct Answer Incorrect Answer
    B 2 Correct Answer Incorrect Answer
    C 5 Correct Answer Incorrect Answer
    D 8 Correct Answer Incorrect Answer
    E 10 Correct Answer Incorrect Answer

    Solution

    The Indian government has issued a USD 1 billion line of credit (LoC) for Sri Lanka to aid in the import of food, necessary products, and medication Sri Lanka is currently experiencing a serious economic crisis. India is extending the Line of Control as part of its efforts to aid its neighbouring country in combating the COVID-19 pandemic and mitigating its negative impact on its development aspirations.

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