The Export-Import Bank of India Act,1981
2. Definitions.
In this Act, unless the context otherwise requires,-
(a) “Board” means the Board of Directors of the Exim Bank referred to in section 6;
(b) “Development Bank” means the Industrial Development Bank of India established under the Industrial Development Bank of India Act,1964;
(c) “Exim Bank” means the Export-Import Bank of India established under section 3;
(d) “Export” and “import” mean, respectively, export from or import into India or any other country of goods or services, or both;
(e) “goods” includes all materials, commodities and articles in a solid, liquid or gaseous state and all forms of energy; (f) “notification” means a notification published in the Official Gazette;
(g) “Prescribed” means by regulations made under this Act;
(h) “Reserve Bank” means the Reserve Bank of India constituted under the Reserve Bank of India Act,1934;
(i) “Scheduled bank” means a bank, for the time being, included in the Second Schedule to the Reserve Bank of India Act,1934;
(j) “Services” includes,-
(I) Providing personnel (including skilled or unskilled workmen and persons for rendering technical or other services) for the purposes of any work or project (by whatever name called) or any activity;
(II) Transferring of technology, including transferring, or securing the transfer of rights, know-how, expertises or other skill with respect to any patent, invention, model design, secret formula or process or similar property;
(III) Furnishing any information, blueprints, plans, or advice with respect to any matter; and
(IV) Making available any other resources.
