A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds. Statement I is correct -: India has extended 8 Lines of Credit (LOCs) to Sri Lanka amounting to USD 1850.64 million. Statement II is not correct -: Association of Southeast Asian Nations (ASEAN) is a regional grouping that aims to promote economic and security cooperation among its ten members: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Statement III is correct -: in sectors including railways, infrastructure, defence, renewable energy, petroleum and fertilizers in the past 10 years. In January 2022, India extended a USD 400 million currency swap to Sri Lanka under the SAARC Framework and deferred successive Asian Clearing Union settlements till July 6, 2022. A Line of Credit of US $500 million was extended to Sri Lanka for importing fuel from India.
Select the most appropriate synonym of the given word.
Ostentatious
Lateral thinking method is ______ with creation of new ideas that is a procedure and readiness to look at things in a diverse approach.
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Modest
Select the appropriate meaning of the given idiom.
A hard nut to crack
Select the most appropriate meaning of the bold phrase.
The thief made off with the jewellery.
Select the most appropriate option to substitute the underlined segment in the given sentence. If there is no need to substitute it, select ‘No substi...
Select the most appropriate synonym of the given word.
Retaliate
Select the most appropriate antonym of the given word.
TURBULENT
Any prolonged (A) / impersonating (B) attempt to isolate the country would not only have economic consequences but also complicate the fight against t...
The company has _____________ an audit of the platform to ensure no other systems, no merchant data and funds and neither their end-consumers were ____...
