Question

How muchLine of credit has EXIM Bank extended as loan to Maldives for developmental projects?

A $120 million Correct Answer Incorrect Answer
B $112 million Correct Answer Incorrect Answer
C $100 million Correct Answer Incorrect Answer
D $250 million Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Exim Bank has extended a line of credit of USD 100 million to the Maldives for financing developmental projects. Exim Bank's overall commitment to the strategically important island nation goes to six lines of credit totalling USD 1. 43 billion.

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