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    Question

    Which one of the following is set up to promote Exports

    and reduce Imports?
    A RBI Correct Answer Incorrect Answer
    B National development council Correct Answer Incorrect Answer
    C EXIM Bank Correct Answer Incorrect Answer
    D NABARD Correct Answer Incorrect Answer
    E SIDBI Correct Answer Incorrect Answer

    Solution

    The Export-Import Bank of India Act was passed in September 1981 and the Bank commenced its operations in March 1982.

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