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EXIM Finance Practice Test
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EXIM Finance stands for Export-Import finance.

EXIM Finance Practice Test
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25 Questions

1. The price quoted by the seller for the product
2. The institution specializing in organizing fairs and exhibitions is
3. A packing credit was granted against an export order but the export could not take place
4. How many percentage of contract value the exporter can receive as an advance
5. The beneficiary under a letter of credit is
6. Which of the following person is not eligible for packing credit?
7. Bid Bond issued as part of
8. Packing credit is
9. Which of the following information about the small exporter’s policy is wrong?
10. A bank receives for collection a bill drawn on an importer who is not it’s customer, for retirement of the bill, the bank
11. For project exports fulfilling norms for period of credit, in principle sanction can be given by
12. Pre-shipment advances against export incentives can be covered under
13. Factoring refers to.
14. The risk to a bank in confirming a letter of credit is covered by ECGC under
15. Which of the following statements relating to consultancy and technology services finance programme of Exim bank is wrong?
16. The running account facility for packing credit is available for
17. Pre-shipment credit in foreign currency can be availed in
18. The following is a must for an exporter
19. Which of the following organisation does not specialize in training activity?
20. Advance remittance from importer can be accepted by an exporter in India provided
21. 19 A guarantee issued by a bank in lieu of bid money to be deposited by the exporter to participate in the tender is a
22. Pre-shipment credit is available from Exim bank is available for
23. Which of the following is not a common feature of direct lending by Exim bank?
24. Standby letters of credit can be used by authorized dealers in India for
25. Which of the following is not a common feature of direct lending by Exim bank?

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