Question

    Export-Import Bank of India (Exim Bank) has entered into

    an agreement with the Government of the Republic of Maldives, for making available to the latter, supported Line of Credit (LoC) of USD ……………for the purpose of development of sports infrastructure.
    A 20 million Correct Answer Incorrect Answer
    B 30 million Correct Answer Incorrect Answer
    C 40 million Correct Answer Incorrect Answer
    D 50 million Correct Answer Incorrect Answer
    E 70 million Correct Answer Incorrect Answer

    Solution

    Export-Import Bank of India (Exim Bank) has entered into an agreement dated September 02, 2021 with the Government of the Republic of Maldives, for making available to the latter, Government of India supported Line of Credit (LoC) of USD 40 million (USD Forty Million only) for the purpose of development of sports infrastructure.

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