Business Studies, asked by trishabh2710, 1 year ago

Banks can grant pre-shipment finance at concessional rates for a period of

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Answered by Anonymous
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Explanation:

Pre-shipment finance refers to the credit extended to exporters prior to the shipment of goods for the execution of export order. ... It, refers to any loan granted to an exporter for financing the purchase, processing manufacturing or packing of goods as defined by the Reserve Bank of India

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