Multiple Choice Questions on To which of the following countries did Export Import Bank of India extend a 250 million line of cre........... for SSC (MTS) Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    To which of the following countries did Export-Import Bank of India extend a $250 million line of credit for improving power

    supply quality in the country?

    This questions was previously asked in
    SSC MTS 27th October 2021 Shift-1

    Nepal

    Incorrect Answer

    Mozambique

    Correct Answer

    Bangladesh

    Incorrect Answer

    Sri Lanka

    Incorrect Answer
    Explanation:

    - The Export-Import Bank of India frequently extends lines of credit to various countries to support development projects.

    - Option 1: Nepal - India has significant economic and political ties with Nepal, often supporting infrastructure projects.

    - Option 2: Mozambique - Mozambique is a developing country in Africa, and India has been involved in supporting its infrastructure.

    - Option 3: Bangladesh - India's ties with Bangladesh include energy and infrastructure projects.

    - Option 4: Sri Lanka - As a neighboring country, India supports various developmental efforts in Sri Lanka.

    Correct Answer: Option 2 - Mozambique


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