BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
State-level institution
|
|
|
. Regional-level institution
|
|
|
. All India institution.
|
|
|
International institution.
|
Detailed explanation-1: -Exim Bank was established by the Government of India, under the Export-Import Bank of India Act, 1981 as a purveyor of export credit, mirroring global Export Credit Agencies. Exim Bank serves as a growth engine for industries and SMEs through a wide range of products and services.
Detailed explanation-2: -We are a specialized financial institution wholly owned by the Government of India with presence in Indian and foreign cities around the world.
Detailed explanation-3: -Exim Bank is fully owned by the Government of India.
Detailed explanation-4: -Exim Bank also maintains correspondent relations/ arrangements with banks, export credit agencies as also development finance institutions in the CIS region.
Detailed explanation-5: -The Export and Import Bank of India, popularly known as the EXIM Bank was set up in 1982. It is the principal financial institution in India for foreign and international trade. It was previously a branch of the IDBI, but as the foreign trade sector grew, it was made into an independent body.