Current Affairs · Trade Measures & Export Credit
Regarding the targeted trade relief measures introduced by the Reserve Bank of India (RBI) to support the export sector facing geopolitical disruptions, which of the following statements is/are correct? 1. The time limit for the realization and repatriation of export proceeds has been extended to 15 months, increasing from the earlier limit of 9 months. 2. The maximum tenure for export credit loans (both pre-shipment and post-shipment) has been increased to 450 days. 3. These relief measures and relaxations are applicable for transactions and loans sanctioned until June 30, 2026. Select the correct option:
- 11 and 3 only
- 21 and 2 only
- 32 and 3 only
- 41, 2, and 3✓
Correct answer
1, 2, and 3
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