India has extended _________ amount of line of credit to Seychelles to allow it to buy defence equipment from India.
A. $200 million
B. $100 million
C. $300 million
D. $500 million
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The correct answer is option B - 100 million US dollars.
The Indian government has extended a line of credit for 100 million US dollars to Seychelles, an island country in Indian ocean, for buying defence equipment from India.
This credit is supposed to be used for Maritime security and buying Dornier surveillance aircraft from India.
It is a long term strategy aimed at building relations with Seychelles as India's strategic partner in the Indian Ocean.
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