Step 1: Understand the context of the question
The question is asking about the incorrect statement regarding foreign exchange working capital loans under import.

Step 2: Recall the general principles of foreign exchange working capital loans
Foreign exchange working capital loans are typically used by businesses to finance their import activities, such as purchasing goods or services from abroad.

Step 3: Identify common characteristics or restrictions of foreign exchange working capital loans
These loans are often subject to specific regulations and are used for specific purposes related to import transactions.

Step 4: Analyze potential incorrect statements about foreign exchange working capital loans under import
Without specific options provided, we can infer that an incorrect statement might involve misuse, incorrect application, or violation of regulations related to these loans.

Step 5: Consider possible incorrect statements
Possible incorrect statements could include using the loan for nonimport purposes, not adhering to repayment terms, or violating foreign exchange regulations.

Step 6: Evaluate the most likely incorrect statement based on common practices and regulations
A common incorrect statement could be related to the misuse of funds, such as using the loan for domestic transactions not related to imports.

Step 7: Provide a plausible incorrect statement
One plausible incorrect statement is that the loan is used for purposes other than those approved or regulated, such as using it for speculative investments or for domestic purchases not related to the import.

Step 8: Conclude based on the most likely scenario
Without the specific options, a likely incorrect statement could involve the misuse or misapplication of the foreign exchange working capital loan.

The best answer is D.