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The Union Cabinet has recently sanctioned an additional allocation of Rs 2500 crore to extend the Interest Equalisation Scheme until June 30, 2024. Launched on April 1, 2015, the scheme facilitates pre- and post-shipment export credit to exporters in rupees. Initially slated for a 5-year period ending on March 31, 2020, the scheme has seen continuous extensions, including a one-year prolongation amid the COVID-19 pandemic, along with subsequent extensions and fund allocations. The implementation of the scheme falls under the purview of the Reserve Bank of India (RBI), administered through various Public and non-Public Sector banks providing pre- and post-shipment credit to exporters. Oversight of the scheme is a collaborative effort between the Directorate General of Foreign Trade (DGFT) and the RBI through a consultative mechanism.
In the given question, four alternatives are given for the Idiom/ Phrase given in bold in the sentence. Choose the alternative which best expresses the ...
To feel under the weather
enlarge upon or add detail tosomething
HEAD AND SHOULDERS ABOVE
I) The new model is head and shoulders above its competitors in terms of both quality and design.
II) His perfo...
Widely known and esteemed
Cool heels
Ask for or request earnestly
In each of the following questions, an idiomatic expression/a proverb has been underlined – followed by four alternatives. Choose the one which best ...
After weeks of practice, the team was finally able to get their act together before the big game.