StudySection gives you an opportunity to judge your knowledge about the role of the Exchange Regulations act in the import and export business by launching a Free Online Certification Exam (Foundation). This Certification Exam is suitable for beginners who have basic knowledge of import, export, finance, and banking sector. The objective of this certification exam is to familiarize you with pre-shipment and post-shipment credits and the role of Import Export banks in international trade.
Exchange controls are the legally applied controls to regulate the transactions involving foreign exchange. It is under government control because it embraces the conservation of foreign exchange resources so that they can take advantage of it for the economical growth of the country. Export finance is provided at the pre-shipment and post-shipment stages. Export-Import Bank plays an important role in promoting exports through its various financing schemes. After taking this exam, you will come to know about the role of the financial and banking sector in international trade.
This certification exam consists of several multiple-choice questions on the fundamentals of this program. Some questions may have more than one correct option, and you must select all the correct options in order to make your answer right. After you have successfully passed this online Certification Exam (Foundation), you will become eligible to get an e-Certificate and a certification badge that can be used to enhance your career profile and social media profiles.