Which of the following statements is/are correct?
A. In February 2024, The Reserve Bank of India (RBI) announced that the Interest Equalization Scheme (IES) for Pre and Post-Shipment Rupee Export Credit was extended by the Government of India (Gol) till 30th June 2024 with an additional allocation of Rs. 2500 crores.
B. For the Manufacturers and Merchant Exporters exporting under 410 tariff lines, the interest equalization rate will be at 2%.
C. For Micro, Small & Medium Enterprises (MSME) manufacturers, exporting under any tariff line, the interest equalization rate will be at 3%.
1
Only A
2
Only C
3
Both A and B
4
All A, B and C
5
Both A and C