New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Current rate of interest equalization under Interest

    Equalization Scheme for Pre and Post Shipment Rupee Export Credit, for MSME Manufacturer Exporters is ____ .
    A 2% for exports under all HS lines Correct Answer Incorrect Answer
    B 2% for exports under specified 410 HS lines Correct Answer Incorrect Answer
    C 3% for exports under all HS lines Correct Answer Incorrect Answer
    D 3% for exports under specified 410 HS lines Correct Answer Incorrect Answer
    E Scheme is no longer available Correct Answer Incorrect Answer

    Solution

    Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit ('Scheme') up to June 30, 2024. The rate of interest equalization shall be  •2% for Manufacturers and Merchant Exporters exporting under specified 410 HS lines and  •3% to the MSME manufacturers exporting under any HS line.

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