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What is the primary objective of ECGC?

  • To provide financial assistance to Indian exporters
  • To provide insurance to foreign buyers
  • To support and strengthen the export promotion drive by providing insurance to Indian exporters against loss in export of goods and services (correct)
  • To assist foreign companies in importing goods and services

    • What types of risks does ECGC cover for exporters?

  • Political risk only
  • Commercial risk only
  • Both political and commercial risk (correct)
  • No risk coverage provided

    • What is one of the important services provided by ECGC?

  • Providing financial assistance to foreign buyers
  • Recovering bad debts for foreign buyers
  • Providing information about credit worthiness of Indian exporters (correct)
  • Assisting foreign companies in diversifying their export activities

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