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      Question

      According to the Overseas Inventory Credit Facility

      announced under the Export Promotion Mission, what is the maximum financial support provided to exporters for maintaining overseas inventory?
      A ₹1 crore Correct Answer Incorrect Answer
      B ₹2 crore Correct Answer Incorrect Answer
      C ₹3 crore Correct Answer Incorrect Answer
      D ₹5 crore Correct Answer Incorrect Answer
      E ₹10 crore Correct Answer Incorrect Answer

      Solution

      The Overseas Inventory Credit Facility introduced under the Export Promotion Mission provides financial support of up to ₹5 crore to exporters. The facility is designed to help exporters maintain inventory in overseas markets, which improves delivery efficiency and market penetration. By enabling exporters to store goods abroad, the scheme reduces delivery time and enhances competitiveness in international markets. The credit facility also includes a credit guarantee coverage component, encouraging financial institutions to extend loans for overseas inventory management and related export infrastructure.

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