International Financial Service Centre (IFSC) - GIFT City
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Bank Financial Management — CAIIB.
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Free sample — 8 of 110 rapid-fire Q&A cards.
When was EXIM Bank established and under what act?
EXIM Bank Act, 1981; commenced operations 1 January 1982.
What is EXIM Bank's core mandate?
Make Indian exports competitive through finance, support project exports, extend Lines of Credit to foreign governments.
What is the current authorised capital of EXIM Bank as of June 2026?
₹20,000 crore (increased from ₹10,000 crore).
Define deferred payment exports.
Exports where proceeds received fully/partly beyond 6-month statutory limit.
What are the two types of project export facilities?
Funded facilities (pre-shipment credit) and non-funded facilities (guarantees).
How many countries currently have active EXIM Bank Lines of Credit?
Over 300 active LOCs to 65+ countries across Africa, Asia, Latin America, CIS.
When did FEMA replace FERA?
1 June 2000.
What is FEMA's core objective?
Facilitate external trade, promote orderly forex market development, shift from control to management.
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