Question

In May 2023, India has provided a one-billion-dollar credit line to which country for essential imports?

A Bangladesh Correct Answer Incorrect Answer
B Sri Lanka Correct Answer Incorrect Answer
C Myanmar Correct Answer Incorrect Answer
D Pakistan Correct Answer Incorrect Answer

Solution

India has provided a one-billion-dollar credit line to Sri Lanka for one year for essential imports.  This line of credit was a part of the USD 4 billion emergency assistance provided by India during the economic crisis in Sri Lanka last year.  But now this credit line has been extended till March 2024.

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