Question

    The rate of interest equalization for Manufacturers and Merchant Exporters under the interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit is ______?

    A 2% Correct Answer Incorrect Answer
    B 3% Correct Answer Incorrect Answer
    C 4% Correct Answer Incorrect Answer
    D 5% Correct Answer Incorrect Answer
    E Scheme has been discontinued Correct Answer Incorrect Answer

    Solution

    The Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit ('Scheme') up to June 30, 2024. The rate of interest equalization shall be 2% for Manufacturers and Merchant Exporters exporting under specified 410 HS lines and 3% to the MSME manufacturers exporting under any HS line.

    Practice Next

    Relevant for Exams: