In this Act, unless the context otherwise requires,—

1. “Board” means the Board of Directors of the Exim Bank referred to in section 6;
2. “Development Bank” means the Industrial Development Bank of India established under the Industrial Development Bank of India Act, 1964 (18 of 1964);
3. “Exim Bank” means the Export-Import Bank of India established under section 3;
4. “export” and “import” mean respectively, export from or import into India or any other country of goods or services, or both;
5. “goods” includes all materials, commodities and articles in a solid, liquid or gaseous state and all forms of energy;
6. “notification” means a notification published in the Official Gazette;
7. “prescribed” means prescribed by regulations made under this Act;
8. “Reserve Bank” means the Reserve Bank of India constituted under the Reserve Bank of India Act, 1934 (2 of 1934);
9. “scheduled bank” means a bank, for the time being, included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934);
10. “services” includes,—