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What is the primary focus of Exim Finserve, the subsidiary of Export-Import Bank of India (Exim Bank)?
  • a)
    Supporting renewable energy projects
  • b)
    Enhancing digital banking services
  • c)
    Empowering exporters through financial solutions
  • d)
    Providing microfinance to rural communities
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary focus of Exim Finserve, the subsidiary of Export-I...
The primary focus of Exim Finserve, the subsidiary of Export-Import Bank of India (Exim Bank), is to empower exporters through financial solutions. The subsidiary offers services such as receivables financing, risk mitigation against non-payment, and efficient accounts receivable management. These services aim to improve cash flow, reduce payment risks, and enhance the export competitiveness of Micro, Small, and Medium Enterprises (MSMEs). Therefore, the correct answer is C.
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What is the primary focus of Exim Finserve, the subsidiary of Export-Import Bank of India (Exim Bank)?a)Supporting renewable energy projectsb)Enhancing digital banking servicesc)Empowering exporters through financial solutionsd)Providing microfinance to rural communitiesCorrect answer is option 'C'. Can you explain this answer?
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