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India has decided to extend a Line of Credit (LOC) of $55 million to Sri Lanka for the procurement of urea. An LOC agreement was signed between Government of Sri Lanka (GOSL) and the Export-Import Bank of India at Colombo. This LOC will help the GOSL secure urea fertiliser for the ongoing paddy sowing Yala season. A line of credit (LOC) is a preset borrowing limit that can be tapped into at any time. The borrower can take money out as needed until the limit is reached, and as money is repaid, it can be borrowed again in the case of an open line of credit. Exim Bank is a specialized financial institution wholly owned by the Government of India with presence in Indian and foreign cities around the world. It was set up in 1982, for the purpose of financing, facilitating and promoting India’s international trade.
The Kailasanathar temple at Kanchipuram was built during the rule of:
In Nov 2017, Moody’s rating for India is upgraded to –
Forman Magnum is an aperture of
Bathukamma is the official floral festival celebrated by women of which state?
A systematic process of generating, capturing, and recording investor demand for shares during an initial public offering (IPO) is called
Where is the headquarters of the Asia-Pacific Economic Cooperation located?
Which organization publishes the Human Development Index (HDI)?
Which temple dedicated to the goddess Kamakhya is located in Guwahati, Assam?
Unique PRANs are related to which scheme?
Ramman, a religious festival characterized by its unique rituals and performances, is observed in which Indian state?
