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    Question

    Recently India has decided to give an additional loan

    of what amount┬а to Sri Lanka as financial aid?
    A $500 million Correct Answer Incorrect Answer
    B $300 million Correct Answer Incorrect Answer
    C $275 million Correct Answer Incorrect Answer
    D $450 million Correct Answer Incorrect Answer
    E $150 million Correct Answer Incorrect Answer

    Solution

    тЧПIndia will provide an additional $500 million financial aid to help the Sri Lanka to buy fuel. тЧПThis is the second $500 million in gasoline credit that India has given to a Sri Lankan government. тЧПIndia has supplied approximately 400,000 tonnes of petroleum so far to Sri Lanka. тЧПIndia has also extended two credit lines worth over $2 billion to help buy food - rice has already been sent - medicines and other essentials. тЧП┬а Bangladesh was also willing to postpone $450 million in swap repayments to ease Sri Lanka burden. тЧПSri Lankan Foreign Minister GL Peiris said, "Assistance by the IMF will take about six months to come to us and it will come in tranches,".

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