Question

Recently EXIM Bank extended $100- mn LOC to which of the following country for development projects?

A Mauritius Correct Answer Incorrect Answer
B Maldives Correct Answer Incorrect Answer
C Indonesia Correct Answer Incorrect Answer
D Cambodia Correct Answer Incorrect Answer
E Cuba 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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