BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Export-Import Bank of India is the premier export finance institution in India, established in 1982 under Export-Import Bank of India Act 1981. The Headquarters of EXIM Bank in
A
Hyderabad
B
Kolkata
C
Chennai
D
Mumbai
Explanation: 

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.

Detailed explanation-2: -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.

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