What is pre-shipment finance? | Learn NCERT solution | Education portal Class 11 | Study online Business studies



Q.4:- What is pre-shipment finance?

 

Answer:-



Reshipment finance is the finance that the exporter needs before shipment of the order for procuring raw materials and other components, processing and packing of goods and transportation of goods to the port of shipment or we can say pre-shipment finance is the finance which is required to undertake export production.