India signed a concessional Line of Credit (LoC) worth ₹4,000 crore with which neighbouring country in July 2026?

Question

TodaySprint · Accepted Answer

The correct answer is Option D: Bhutan. India and Bhutan signed a concessional Line of Credit (LoC) worth ₹4,000 crore (Nu 40 billion) on 31 July 2026 during the Fifth India-Bhutan Development Cooperation Talks in Thimphu. The ₹4,000-crore Line of Credit is linked to Bhutan’s 13th Five-Year Plan (2024–29), with energy projects identified as the focus area. India has reaffirmed overall support of ₹10,000 crore for Bhutan’s 13th Five-Year Plan through various assistance programmes. The Export-Import Bank of India is the principal institution responsible for India’s official export credit and concessional financing abroad. A Memorandum of Understanding on medical research and education was exchanged between AIIMS and Bhutan’s Khesar Gyalpo University of Medical Sciences on 31 July 2026. India handed over 45 electric vehicles to Bhutan as part of green mobility initiatives and sustainable development cooperation. The Fifth India-Bhutan Development Cooperation Talks were held in Thimphu from 30–31 July 2026. Thimphu Ecological Park and Olakha Park were developed under the India-funded Green Infrastructure and Open Spaces in Thimphu project.

TodaySprint · Answer

Sri Lanka

TodaySprint · Answer

Nepal

TodaySprint · Answer

Bangladesh

TodaySprint · Answer

Maldives

India signed a concessional Line of Credit (LoC) worth ₹4,000 crore with which neighbouring country in July 2026?

Discussion

Discussion

India signed a concessional Line of Credit (LoC) worth ₹4,000 crore with which neighbouring country in July 2026?

Related current affairs questions

Discussion

Discussion