2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Nepal
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Maldives
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Sri Lanka
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Bhutan
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Detailed explanation-1: -Under the agreement, the Central Bank of Sri Lanka can make drawals of US Dollar, Euro or Indian Rupee in multiple tranches up to a maximum of $400 million or its equivalent.
Detailed explanation-2: -India provided assistance worth 3.8 billion dollars to Sri Lanka to tide over unprecedented economic crisis, says EAM S Jaishankar. External Affairs Minister Dr S.
Detailed explanation-3: -India has emerged as the top lender to Sri Lanka in 2022, disbursing USD 377 million in loans to the island nation as it grappled with an unprecedented political crisis and economic turmoil, according to the Verite Research think-tank.
Detailed explanation-4: -During the time of crisis, India has been at the forefront to help the nation and providing economic assistance to Sri Lanka. The nation is also facing an extreme crunch of foreign reserve exchange that has reduced its power to import essential commodities including fuel and food.