An Exim policy is a policy that mandate international imports and exports. The policy is part of the Foreign Trade Development and Regulation Act.
exim policy was established in India on JANUARY 1 1982
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The Export-Import (EXIM) Bank of India is the principal financial institution in India for coordinating the working of institutions engaged in financing export and import trade. It is a statutory corporation wholly owned by the Government of India. It was established on January 1, 1982 for the purpose of financing, facilitating and promoting foreign trade of India.Capital:The authorised capital of the EXIM Bank is Rs. 200 crore and paid up capital is Rs. 100 crore, wholly subscribed by the Central Government. The bank can raise additional resources through:(i) Loans/grants from Central Government and Reserve Bank of India ;(ii) Lines of credit from institutions abroad ;(iii) Funds raised from Euro Currency markets ;(iv) Bonds issued in India.What are the functions of Export-Import Bank of India:The main functions of the EXIM Bank are as follows:(i) Financing of exports and imports of goods and services, not only of India but also of the third world countries;(ii) Financing of exports and imports of machinery and equipment on lease basis;(iii) Financing of joint ventures in foreign countries;(iv) Providing loans to Indian parties to enable them to contribute to the share capital of joint ventures in foreign countries;(v) to undertake limited merchant banking functions such as underwriting of stocks, shares, bonds or debentures of Indian companies engaged in export or import; and(vi) To provide technical, administrative and financial assistance to parties in connection with export and import.
Washington Institute for Near East Policy's motto is 'Insight and Analysis on U.S. Middle East Policy'.
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exim policy was established in India on JANUARY 1 1982
The EXIM Policy is the Export-Import policies regulating international commerce in India. See the link below for the complete manual of EXIM policies and regulations.
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madarchod
import substitution(impex) and export promotion(exim)
Exim Policy, also known as the Foreign Trade Policy is announced every 5 years by Ministry of Commerce and Industry, Government of India. It is updated every year on the 31st of March and all the amendments and improvements in the scheme are effective from the 1st of April. Exim policy deals in general provisions pertaining to exports and imports, promotional measures, duty exemption schemes, export promotion schemes, special economic zone programs and other details for different sectors. The Government announces a supplement to this policy each year. The Government of India also releases the Hand Book of Procedures detailing the procedures to be followed for each of the schemes mentioned in the Exim Policy.
EXIM, otherwise known as the Export-Import Bank of India, is the country's primary financial institution. The bank's function is to finance and facilitate foreign trade for the country.
Exim Bank of China was created in 1994.
the exim bank given support to the exporter and importer in terms of monetry as well as other work.
T.C.A. Ranganathan
1982
Export & Import