FIEO and Credlix Signed MoU to Empower Indian Exporters with Financial and Logistical Support

Current Context: On January 23, 2025, the Federation of Indian Export Organisations (FIEO) and Credlix signed a Memorandum of Understanding (MoU) in New Delhi.

• This partnership aims to empower Indian exporters by providing financial and logistical support.
• Credlix, known for its expertise in supply chain financing solutions, will offer innovative financial services and resources to enhance the global presence of Indian exporters.
• The MoU focuses on streamlining international trade, ensuring exporters have the necessary support to compete effectively in the global market.
• The collaboration is expected to provide critical resources that will help Indian exporters overcome challenges related to finance and logistics, ultimately boosting their efficiency and competitiveness.

Question:

1. Which organization is known for its expertise in supply chain financing solutions?

• A) FIEO
• B) Credlix
• C) RBI
• D) EXIM Bank

Answer: B) Credlix is recognized for its expertise in supply chain financing solutions, which it brings to the partnership with FIEO to assist Indian exporters.