Economics · Banking in India
What is the primary function of the Export-Import Bank of India (EXIM Bank)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To conserve foreign exchange reserves exclusively
- 2To provide financial assistance and promote foreign trade of India✓
- 3To prevent unlicensed currency transactions
- 4To help RBI in the regulation of foreign exchange
Correct answer
To provide financial assistance and promote foreign trade of India
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