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      Question

      Which of the following is a grant provided on

      concessional interest rates to developing countries, which has to be repaid by the borrowing government?
      A Line of Money Correct Answer Incorrect Answer
      B Line of Debit Correct Answer Incorrect Answer
      C Line of Credit Correct Answer Incorrect Answer
      D Line of Fund Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Line of Credit is not a grant but a тАШsoft loanтАЩ provided on concessional interest rates to developing countries, which has to be repaid by the borrowing government.

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