Question

    For the Metro Express and Infrastructure project an aid

    of USD 190 million is being provided by the EXIM bank to ______ country?
    A New Zealand Correct Answer Incorrect Answer
    B Italy Correct Answer Incorrect Answer
    C Nauru Correct Answer Incorrect Answer
    D Mauritius Correct Answer Incorrect Answer
    E Nepal Correct Answer Incorrect Answer

    Solution

    On 6th, January 2022, the Export-Import Bank of India (Exim Bank) entered into an agreement with the SBM (Mauritius) Infrastructure Development Company Ltd. (SBMIDCL), for making available to the latter, Government of India supported Line of Credit (LoC) of USD 190 million (USD One Hundred and Ninety Million Only) for the purpose of financing the ongoing Metro Express Project and other infrastructure projects in Mauritius.

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