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Role of EXIM bank , Reserve bank of India,Exchange control of India-FEMA and FEDAI and others PART
What is the primary mandate of the Export-Import Bank of India (EXIM Bank)?
EXIM Bank's primary mandate is to finance, facilitate, and promote India's foreign trade and investment by providing export credit, guarantees, and development finance to Indian exporters and importers.
What is the full form of FEDAI?
Foreign Exchange Dealers Association of India
Under which Act was EXIM Bank of India established, and in which year?
EXIM Bank of India was established under the Export-Import Bank of India Act, 1981, and commenced operations on January 1, 1982.
Which authority grants licence to Authorised Dealers (AD Category I) under FEMA?
Reserve Bank of India grants AD Category I licence
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