IAS Gyan

Daily News Analysis


23rd January, 2023 Economy

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  • EXIM data has been revised. India’s trade deficit has narrowed by $10 billion.


  • Export-Import Bank of India (Exim Bank), set up under an Act of Parliament, is the apex financial institution engaged in financing, facilitating and promoting India’s International trade and investment.
  • Established in 1982, Export-Import Bank of India is a wholly owned Govt. of India entity. HQ : New Delhi
  • The Bank operates a variety of financing programs and provides advisory and support services to facilitate two-way transfer of technology, trade and investment.