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How much amount of line of credit was extended to SriLanka by Exim Bank?
- a)USD 340 million
- b)USD 250 million
- c)USD 100 million
- d)USD 500 million
Correct answer is option 'D'. Can you explain this answer?
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How much amount of line of credit was extended to SriLanka by Exim Ban...
Exim Bank Extends Line of Credit to Sri Lanka
The Exim Bank of India extended a line of credit to Sri Lanka in the amount of USD 500 million. This financial assistance is aimed at supporting various developmental projects in Sri Lanka.
Importance of the Line of Credit
- The line of credit provided by Exim Bank will help Sri Lanka in funding crucial projects in sectors such as infrastructure, energy, and transportation.
- This financial assistance will enable Sri Lanka to undertake projects that will contribute to the country's economic growth and development.
Enhancing Bilateral Relations
- The extension of the line of credit by Exim Bank further strengthens the bilateral relations between India and Sri Lanka.
- It demonstrates India's commitment to supporting Sri Lanka in its development efforts.
Utilization of Funds
- The funds from the line of credit will be utilized by Sri Lanka for projects that align with its development priorities.
- This financial assistance will help Sri Lanka in achieving its socio-economic goals and improving the quality of life for its citizens.
In conclusion, the USD 500 million line of credit extended by Exim Bank to Sri Lanka is a significant step towards enhancing cooperation between the two countries and supporting Sri Lanka's development goals.
The Exim Bank of India extended a line of credit to Sri Lanka in the amount of USD 500 million. This financial assistance is aimed at supporting various developmental projects in Sri Lanka.
Importance of the Line of Credit
- The line of credit provided by Exim Bank will help Sri Lanka in funding crucial projects in sectors such as infrastructure, energy, and transportation.
- This financial assistance will enable Sri Lanka to undertake projects that will contribute to the country's economic growth and development.
Enhancing Bilateral Relations
- The extension of the line of credit by Exim Bank further strengthens the bilateral relations between India and Sri Lanka.
- It demonstrates India's commitment to supporting Sri Lanka in its development efforts.
Utilization of Funds
- The funds from the line of credit will be utilized by Sri Lanka for projects that align with its development priorities.
- This financial assistance will help Sri Lanka in achieving its socio-economic goals and improving the quality of life for its citizens.
In conclusion, the USD 500 million line of credit extended by Exim Bank to Sri Lanka is a significant step towards enhancing cooperation between the two countries and supporting Sri Lanka's development goals.
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How much amount of line of credit was extended to SriLanka by Exim Ban...
Export-Import Bank of India (Exim Bank) said it has extended a line of credit of USD 500 million to Sri Lanka for financing the purchase of petroleum products.
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How much amount of line of credit was extended to SriLanka by Exim Bank?a)USD 340 millionb)USD 250 millionc)USD 100 milliond)USD 500 millionCorrect answer is option 'D'. Can you explain this answer?
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How much amount of line of credit was extended to SriLanka by Exim Bank?a)USD 340 millionb)USD 250 millionc)USD 100 milliond)USD 500 millionCorrect answer is option 'D'. Can you explain this answer? for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about How much amount of line of credit was extended to SriLanka by Exim Bank?a)USD 340 millionb)USD 250 millionc)USD 100 milliond)USD 500 millionCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How much amount of line of credit was extended to SriLanka by Exim Bank?a)USD 340 millionb)USD 250 millionc)USD 100 milliond)USD 500 millionCorrect answer is option 'D'. Can you explain this answer?.
How much amount of line of credit was extended to SriLanka by Exim Bank?a)USD 340 millionb)USD 250 millionc)USD 100 milliond)USD 500 millionCorrect answer is option 'D'. Can you explain this answer? for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about How much amount of line of credit was extended to SriLanka by Exim Bank?a)USD 340 millionb)USD 250 millionc)USD 100 milliond)USD 500 millionCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How much amount of line of credit was extended to SriLanka by Exim Bank?a)USD 340 millionb)USD 250 millionc)USD 100 milliond)USD 500 millionCorrect answer is option 'D'. Can you explain this answer?.
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