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      Question

      In sep 2021, with whom Export-Import Bank of India (Exim

      Bank) has entered into an agreement for Line of Credit (LoC) of USD 40 million (USD FortyMillion only) for the purpose of development of sports infrastructure?
      A Govt of Singapore Correct Answer Incorrect Answer
      B Govt of Malaysia Correct Answer Incorrect Answer
      C Govt of UK Correct Answer Incorrect Answer
      D Govt of Republic of Maldives Correct Answer Incorrect Answer
      E None of the above 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. The Agreement under the LoC is effective from February 08, 2022.

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