INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ set up for the purpose of financing, facilitating, and promoting foreign trade of India
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Repco bank
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SBI
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EXIM bank
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HDFC
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Explanation:
Detailed explanation-1: -Export-Import Bank of India (Exim Bank) operates a comprehensive range of financing, advisory and support programmes to promote and facilitate India’s trade and investment with the CIS countries.
Detailed explanation-2: -Exim Bank proactively assists Indian exporting firms in locating overseas distributors, buyers and partners for their products and services, The Bank also identifies opportunities for setting up plants and projects overseas or for acquisition of overseas companies.
Detailed explanation-3: -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.
There is 1 question to complete.