Recently, India has signed Line of Credit (LOC) agreement with Sri Lanka in which state?
A. Defence Sector
B. Sports Corridor Sector
C. Solar Energy Sector
D. Digital Education Sector
Explanation:
India extended a line of credit (LOC) of $100 million to Sri Lank through the Exim Bank for financing projects in the solar energy sector in Sri Lanka. The LOC will help finance various projects in the solar energy sector in Sri Lanka including those announced during the founding conference of the International Solar Alliance (ISA) held in March 2018, such as rooftop solar photovoltaic systems for households and government buildings.
