How much amount has been extended by the EXIM bank as line of credit LoC to Sri Lanka for financing ...........

Current GK ( Master) Exim Policy

How much amount has been extended by the EXIM bank as line of credit (LoC) to Sri Lanka for financing the purchase of petroleum products?

USD 400 million

USD 200 million

USD 500 million

USD 300 million

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Explanation:

Option 3
The Export-Import Bank of India (Exim Bank) has extended a line of credit (LoC) of USD 500 million to Sri Lanka on behalf of the Government of India on February 03, 2022. The fund will be used by the Island nation for the purchase of petroleum products.