Question

Role of exim bank and commercial banks in foreign trade

Answer 1

Answer:

The EXIM bank will provide guidance and assistance in administrative matters as well. Undertakes functions of a merchant bank for the importer or exporter in transactions of foreign trade. Will also underwrite shares/debentures/stocks/bonds of companies engaged in foreign trade.......................................

Answer 2

Answer:

☑ The EXIM bank will provide guidance and assistance in administrative matters as well. Undertakes functions of a merchant bank for the importer or exporter in transactions of foreign trade. Will also underwrite shares/debentures/stocks/bonds of companies engaged in foreign trade