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WBCS Preliminary Examination 2015 — General Studies · Question 187 of 200

Q187
Indian EconomyMoney, Banking & Financial Institutions
The EXIM Bank of India deals with
  1. a.The peasants of India
  2. b.The industrial workers of India
  3. c.The exports and imports of India
  4. d.The members of the Indian Parliament

Answer: (C) The exports and imports of India

EXIM Bank (Export-Import Bank of India) was established in 1982 to finance, facilitate, and promote India's foreign trade. Its major functions include financing exports and imports of goods and services, and providing financial assistance to Indian companies expanding overseas and to foreign companies importing from India.