In which year, Export-Import Bank of India Act was passed to establish EXIM Bank?

Q. In which year, Export-Import Bank of India Act was passed to establish EXIM Bank?
Answer: 1981
Notes: The Export-Import Bank of India Act was passed in September 1981 and the EXIM Bank commenced its operations in March 1982. EXIM Bank was set up for financing, facilitating and promoting foreign trade of India.

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