42nd B.P.S.C. (Pre) 1997-98
The Reserve Bank of India has decided to invest money to help in India's foreign trade-
aThrough NABARD
bThrough Exim Bank✓ Correct
cThrough IDBI
dBy State Bank of India
Explanation
## Page 17 The Export-Import Bank of India (EXIM Bank), established in 1982, started its operations in March 1982. The objective of this bank is to provide financial facilities to exporters and importers. Along with this, it also provides refinance facilities to commercial banks and financial institutions for their export-import finance management activities. To meet its financial requirements, EXIM Bank can borrow from the Reserve Bank of India. According to the Human Development Report 2025 released by the United Nations Development Programme (UNDP), life expectancy at birth in India was 58.6 years in 1990, which increased to 72 years in 2023.
economic-social-development
