GK
WORLD ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In which year, African Export and Import Bank came into existence:
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1978
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1979
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1976
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1974
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Explanation:
Detailed explanation-1: -As of May 2018, the bank’s shareholders, totaling 146, were divided into four categories: Class “A” Shareholders-African governments, African central banks, African development banks and African economic organisations. Class “B” Shareholders-African private investors and African national financial institutions.
Detailed explanation-2: -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.
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