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What is the importance of EXIM policy in international trade for India. Elaborate salient features of EXIM policy?
Just refer intrenet thanks
What is exim policy?
An Exim policy is a policy that mandate international imports and exports. The policy is part of the Foreign Trade Development and Regulation Act.
What is the history and functions of Exim Bank of India and how it functions?
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.
Is Dhanalaxmi bank a schedule bank of India?
The answer tp this is NO. I was in India 3 months last year, There was BoA in seeralcities. They can do money exchanes, cashing a check, or depositing a ch----eck They are not licensed tp sell any kind of fiduciary instrument.
What is the structure of Development Banks in India?
Credit cooperatives are the oldest and most numerous of all the types of cooperatives in India. The cooperative credit institutions in the country may be broadly classified into urban credit cooperatives and rural credit cooperatives. There are about 2090 urban credit cooperatives and these societies together constitute for about 10 percent of the aggregate banking business and therefore regarded as an important segment of the banking system. The urban credit cooperatives are also popularly known as Urban Cooperative Banks. The rural credit cooperatives may be further divided into short-term credit cooperatives and long-term credit cooperatives. With regard to short-term credit cooperatives, at the grass-root level there are around 92,000 Primary Agricultural Credit Societies (PACS) dealing directly with the individual borrowers. At the central level (district level) District Central Cooperative Banks (DCCB) function as a link between primary societies and State Cooperative Apex Banks (SCB). It may be mentioned that DCCB and SCB are the federal cooperatives and thus the objective is to serve the member cooperatives. As against three-tier structure of short-term credit cooperatives, the long-term cooperative credit structure has two tiers in many states with Primary Cooperative Agriculture and Rural Development Banks (PCARDB) at the primary level and State Cooperative Agriculture and Rural Development Bank at the state level. However, some states in the country have unitary structure with state level cooperative operating with through their own branches and in one state an integrated structure prevails. The organizational structure of the credit cooperatives in India is illustrated in chart I. Interestingly, under the Banking Regulation Act 1949, only State Cooperative Apex Banks, District Central Cooperative Banks and select Urban Credit Cooperatives are qualified to be called as banks in the cooperative sector. In other words, only these banks are licensed to conduct full-fledged banking business. The Co-operative Banks function in India on State Levels. Most of the Rural Co-operative banks function on Three-Tier and the Urban banks function on Two-Tier. At the National Level there is NABARD to organise the Agricultural Co-operatives. Also there is National Co-operative Union of India, as an apex instituion at National Level. The Reserve Bank of India controls the Co-operative Banks that falls under the Banking Regulation Act of 1949.
What is the role of exim policy of the government of India for the promotion of the international business?
madarchod
What is the importance of EXIM policy in international trade for India. Elaborate salient features of EXIM policy?
Just refer intrenet thanks
What is the meaning of EXIM Policy?
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.
What is an EXIM policy?
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.
What is exim policy?
An Exim policy is a policy that mandate international imports and exports. The policy is part of the Foreign Trade Development and Regulation Act.
What is function of 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.
Importance of exim bank of India?
the exim bank given support to the exporter and importer in terms of monetry as well as other work.
Where to find best coriander manufacturer in India?
Dhanhar Exim Pvt. Ltd. - India
What is dgft in brief?
The Directorate General of Foreign Trade (DGFT) is the agency of the Ministry of Commerce and Industry of the Government of India, responsible for execution of the import and export Policies of India. DGFT entrusted with the responsibility of implementing various policies regarding trade for example,Foreign Trade Policy or the Exim Policy with the major objective of promoting export and import related activities in India. know more about DGFT India http://www.dgft-india.com
Types of trade policy?
import substitution(impex) and export promotion(exim)
Is NABARD a nationalised bank?
hi NABARD IS THE ONE OF THE APEX BANKS IN INDIA. TOTAL 5 APEX BANKS ARE THERE. THOSE ARE RBI, NABARD , EXIM BANK , IDBI , SIDBI . THESE ARE ALL WORKING UNDER UNION GOVERNMENT OF INDIA.
What is powershell exim erp?
POWERSHELL EXIM ERP is Custom House Agent Software. POWERSHELL EXIM ERP is India's most innovative Web Based ERP software for Freight Forwarding, Custom House Agency and Warehousing. To know more, You may contact Govind Ladha : 09324685148
