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Income Determination in the Open Economy

The EXIM Bank...

Question

The EXIM Bank provides:

A

Funded assistance to promote Indian exports

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B

Non-funded assistance to promote Indian exports

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C

Both (A) and (B)

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D

Soft loan facilities

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Solution

The correct option is D Both (A) and (B)
EXIM bank (Exports Imports bank of India) provides as well as non financial assistance .Financial assistance is by provising them funds and advances for exports promotion, no financial assistance is by providing them information regarding the trends of the international market.

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