EXIM Finance
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EXIM Finance
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25 Questions

1. The standard policy of ECGC covers risk of
2. Which of the following person is not eligible for packing credit?
3. Normally the maximum period for which packing credit advances are made is
4. The maximum amount of claim against an individual buyer that ECGC will accept under its standard policy issued to an exporter is known as
5. A guarantee issued in favour of an importer so that he releases entire contract amount instead of retaining a portion is
6. The maximum period of credit fixed by RBI depends on
7. For export guarantees issued a bank may obtain cover from ECGC under its
8. A red clause letter of credit is also known as
9. Excise duty exemption on exports is available for duty paid on
10. Export finance guarantee of ECGC protects
11. Funds allocated under ASIDE should be used for
12. Working Group for approval of project exports does not include
13. Cover under the guarantee of ECGC is available to
14. Which of the following orgamisation does not specialize in training activity?
15. . If the importer refuses to accept the bill drawn on him the exporter
16. The ERIC was renamed as
17. Pre-shipment advances against export incentives can be covered under
18. The standard policy of ECGC protects loss to the extent of
19. Submission to the bank of the bill of entry as evidence of import is mandatory where the value of import exceeds
20. Cash on delivery method is normally used for
21. Letter of credit transactions are generally governed by the provisions of
22. Amendment to a letter of credit should be advised through the
23. Which of the following is not a common feature of direct lending by Exm bank?
24. The incoterm should indicate the place of shipment in case of
25. Advance remittance from importer can be accepted by an exporter in India provided

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