Question

    How much in Lines of Credit (LoC) did India extend to

    Vietnam in July 2024 to enhance its maritime security?
    A USD 150 million Correct Answer Incorrect Answer
    B USD 500 million Correct Answer Incorrect Answer
    C USD 135 million Correct Answer Incorrect Answer
    D USD 300 million Correct Answer Incorrect Answer
    E USD 210 million Correct Answer Incorrect Answer

    Solution

    During the state visit of Vietnam's Prime Minister Pham Minh Chinh to India, the Indian government extended two Lines of Credit totaling USD 300 million. These funds are earmarked for strengthening Vietnam's maritime security, reflecting the deepening strategic partnership between the two nations.

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