Multiple Choice Questions on To which country the Exim Bank of India extended 23 mn line of credit for aircraft procure........... for SSC CGL Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    To which country the Exim Bank of India extended $23 mn line of credit for aircraft procurement recently?

    Indonesia

    Incorrect Answer

    Nepal

    Incorrect Answer

    Sri Lanka

    Incorrect Answer

    Guyana

    Correct Answer
    Explanation:

    The Export-Import Bank of India (Exim Bank) on Tuesday announced it has extended a $23.37 million (about Rs 194 crore) line of credit to the government of Cooperative Republic of Guyana for the procurement of two aircraft from India for the South American country's defence forces.

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