Multiple choice

Which of the following is not a function of Exim Bank?

  1. To provide loans to foreign Governments and banks in foreign countries.
  2. To provide financial assistance to exporters of Indian goods/services.
  3. To promote foreign buyers for buying Indian goods/services.

  1. Only 1

  2. Only 1 and 2

  3. Only 2 and 3

  4. 1, 2 and 3
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Exim Bank provides loans to Indian exporters and promotes trade, but it does not typically provide direct loans to foreign governments or foreign banks in the manner suggested in statement 1.

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