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Questions and Answers

What risks are covered under the standard policy of ECGC for short term credit exports?

  • Only commercial risks
  • Only political risks
  • Both commercial and political risks (correct)
  • None of the above
  • What is the minimum anticipated export turnover required for an exporter to be eligible for the standard policy of ECGC?

  • Rs. 10 lakhs
  • Rs. 25 lakhs
  • Rs. 50 lakhs (correct)
  • Rs. 75 lakhs
  • What is the purpose of the policies provided by ECGC for short term credit exports?

  • To provide cover for shipments in long term credit on whole turnover basis
  • To provide cover for shipments in short term credit on individual basis
  • To provide cover for shipments in short term credit on whole turnover basis (correct)
  • To provide cover for shipments in long term credit on individual basis
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