UPSC Prelims Practice Questions — EXIM Bank plans $10.5 billion fundraise

Q1. The Export-Import Bank of India (EXIM Bank), which has unveiled a ₹99,500 crore fundraise plan for FY 2026-27, is administratively under which one of the following?

  • A. Department of Commerce, Ministry of Commerce and Industry
  • B. Department of Financial Services, Ministry of Finance
  • C. Department of Economic Affairs, Ministry of Finance
  • D. Department of Investment and Public Asset Management

Q2. In the Export-Import Bank of India's FY 2026-27 fundraise plan of about ₹99,500 crore, which one of the following constitutes the SINGLE LARGEST component by amount?

  • A. Overseas bilateral and syndicated loans (~$3.5 billion)
  • B. Domestic bonds, certificates of deposit and loans (~₹66,000 crore)
  • C. Recapitalisation bonds from the Government of India
  • D. Refinance from the Reserve Bank of India's export credit window

Q3. With reference to the Export-Import Bank of India (EXIM Bank), consider the following statements: 1. It was set up under the Export-Import Bank of India Act, 1981. 2. It is wholly owned by the Government of India. 3. It is regulated by the Securities and Exchange Board of India (SEBI). 4. Its headquarters is in Mumbai. Which of the statements given above is/are NOT correct?

  1. It was set up under the Export-Import Bank of India Act, 1981.
  2. It is wholly owned by the Government of India.
  3. It is regulated by the Securities and Exchange Board of India (SEBI).
  4. Its headquarters is in Mumbai.
  • A. 1 and 3
  • B. 3 only
  • C. 2 and 4
  • D. 1, 3 and 4

Q4. By approximately how many basis points (bps) did the spread on EXIM Bank's January 2025 ten-year overseas dollar bond narrow in the three months following issuance, as cited by the bank while announcing its FY 2026-27 fundraise plan?

  • A. 10 bps
  • B. 14 bps
  • C. 16 bps
  • D. 20 bps

Q5. With reference to the Export-Import Bank of India's FY 2026-27 fundraise plan announced in May 2026, consider the following: 1. A total borrowing target of about ₹99,500 crore (~$10.5 billion). 2. About ₹66,000 crore to be mobilised from the domestic market through bonds, certificates of deposit and loans. 3. About $3.5 billion to be raised from overseas markets via bilateral and syndicated loans. 4. The previous financial year's borrowing of about ₹70,000 crore, against which the FY27 plan is benchmarked. Which of the above is/are correctly identified?

  1. A total borrowing target of about ₹99,500 crore (~$10.5 billion).
  2. About ₹66,000 crore to be mobilised from the domestic market through bonds, certificates of deposit and loans.
  3. About $3.5 billion to be raised from overseas markets via bilateral and syndicated loans.
  4. The previous financial year's borrowing of about ₹70,000 crore, against which the FY27 plan is benchmarked.
  • A. 1, 2 and 3 only
  • B. 2, 3 and 4 only
  • C. 1 and 4 only
  • D. 1, 2, 3 and 4