Banking Exams Exam  >  Banking Exams Questions  >  Which of the following statements is/are corr... Start Learning for Free
Which of the following statements is/are correct regarding Exim Bank?
  1. It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented.
  2. It provides working capital term loan to export-oriented units.
  3. It extends buyers' credit and lines of credit
  • a)
    Only 1
  • b)
    1 and 2
  • c)
    2 and 3
  • d)
    1, 2 and 3
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which of the following statements is/are correct regarding Exim Bank? ...
Export-Import Bank of India is a finance institution in India, established in 1982 under Export-Import Bank of India Act 1981. Since its inception, Exim Bank of India has been both a catalyst and a key player in the promotion of cross border trade and investment. The main functions of EXIM are:
  1. To ensure and integrated and co-ordinated approach in solving the allied problems encountered by exporters in India.
  2. To pay specific attention to the exports of capital goods;
  3. Export projection;
  4. To facilitate and encourage joint ventures and export of technical services and international and merchant banking;
  5. To extend buyers' credit and lines of credit;
  6. To tap domestic and foreign markets for resources for undertaking development and financial activities in the export sector.
  7. To provide term loans/deferred payment guarantees to 100% export‑oriented units, units in trade zones and computer software exporters.
  8. To provide financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented.
Explore Courses for Banking Exams exam
Which of the following statements is/are correct regarding Exim Bank? It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented. It provides working capital term loan to export-oriented units. It extends buyers credit and lines of credita)Only 1b)1 and 2c)2 and 3d)1, 2 and 3e)None of theseCorrect answer is option 'D'. Can you explain this answer?
Question Description
Which of the following statements is/are correct regarding Exim Bank? It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented. It provides working capital term loan to export-oriented units. It extends buyers credit and lines of credita)Only 1b)1 and 2c)2 and 3d)1, 2 and 3e)None of theseCorrect answer is option 'D'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Which of the following statements is/are correct regarding Exim Bank? It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented. It provides working capital term loan to export-oriented units. It extends buyers credit and lines of credita)Only 1b)1 and 2c)2 and 3d)1, 2 and 3e)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is/are correct regarding Exim Bank? It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented. It provides working capital term loan to export-oriented units. It extends buyers credit and lines of credita)Only 1b)1 and 2c)2 and 3d)1, 2 and 3e)None of theseCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Which of the following statements is/are correct regarding Exim Bank? It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented. It provides working capital term loan to export-oriented units. It extends buyers credit and lines of credita)Only 1b)1 and 2c)2 and 3d)1, 2 and 3e)None of theseCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Which of the following statements is/are correct regarding Exim Bank? It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented. It provides working capital term loan to export-oriented units. It extends buyers credit and lines of credita)Only 1b)1 and 2c)2 and 3d)1, 2 and 3e)None of theseCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which of the following statements is/are correct regarding Exim Bank? It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented. It provides working capital term loan to export-oriented units. It extends buyers credit and lines of credita)Only 1b)1 and 2c)2 and 3d)1, 2 and 3e)None of theseCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Which of the following statements is/are correct regarding Exim Bank? It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented. It provides working capital term loan to export-oriented units. It extends buyers credit and lines of credita)Only 1b)1 and 2c)2 and 3d)1, 2 and 3e)None of theseCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Which of the following statements is/are correct regarding Exim Bank? It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented. It provides working capital term loan to export-oriented units. It extends buyers credit and lines of credita)Only 1b)1 and 2c)2 and 3d)1, 2 and 3e)None of theseCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which of the following statements is/are correct regarding Exim Bank? It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented. It provides working capital term loan to export-oriented units. It extends buyers credit and lines of credita)Only 1b)1 and 2c)2 and 3d)1, 2 and 3e)None of theseCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
Explore Courses for Banking Exams exam

Top Courses for Banking Exams

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev