Question
Download Solution PDFWho established the EX-IM Bank?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFKey Points
- The Export-Import Bank of India (EX-IM Bank) was established by the Government of India in 1982.
- It was set up to finance, facilitate, and promote India’s international trade.
- EX-IM Bank is a financial institution that supports businesses in India for their export and import activities.
- The bank provides financial assistance to exporters and importers and plays a key role in promoting India’s global economic integration.
Additional Information
- The Reserve Bank of India: The Reserve Bank of India (RBI) is India's central banking institution, established in 1935. It regulates the issuance and supply of the Indian Rupee, oversees monetary policy, and maintains financial stability in the country.
- The World Bank: The World Bank is an international financial institution that provides loans and grants to governments of low- and middle-income countries for development projects. It does not establish individual banks like the EX-IM Bank.
- The IMF (International Monetary Fund): The IMF is an international organization that focuses on global monetary cooperation, financial stability, and international trade. It primarily provides financial assistance and advisory services to member countries rather than creating specific banks.
Last updated on Jul 11, 2025
-> The AP Police Final Merit List 2025 has been released for the final examination which was held on 1st June 2025.
-> The physical test was conducted from 30th December 2024 to 1st February 2025.
-> AP Police Constable notification has been released for 6100 vacancies.
-> Candidates who are 12th Pass are eligible to appear for the examination. They can check the revised eligibility criteria to apply correctly.
-> The selection of the candidates depends on Preliminary Exam, Physical Measurement Test (PMT), Physical Efficiency Test (PET), Final exam, and Final Selection.
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-> Candidates can check the AP Police Constable Previous Year Papers for the effective preparation. You can also attempt the AP Police Constable Test Series to get an experience of the actual examination.