Multiple Choice Questions on The Export Import Bank of India has extended line of credit to Mozambique ........ for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

The Export Import Bank of India has extended line of credit to Mozambique ........

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    The Export Import Bank of India has extended __________________ line of credit to Mozambique .

    $100 million

    Incorrect Answer

    $150 million

    Incorrect Answer

    $250 million

    Correct Answer

    $350 million

    Incorrect Answer
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    Explanation:
    • Export-Import Bank of India (Exim Bank) has extended a $250-million (about Rs.1,870 crore) line of credit (LOC) to Mozambique for improving power supply quality in the country.
    • Exim Bank till date has extended 14 LOCs to Mozambique, taking their total value to $772.44 million.

    By: Rohit Middha
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