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Questions and Answers

What was the original name of the Export Credit and Guarantee Corporation (ECGC)?

  • Export Risks Insurance Corporation (correct)
  • Export Credit and Guarantee Corporation Limited
  • Export Credit and Guarantee Corporation of India Ltd
  • Export Insurance Corporation

What was the original name of the Export Credit and Guarantee Corporation?

  • Export Risks Insurance Corporation (correct)
  • Export Guarantee Corporation
  • Export Credit Corporation
  • Export Insurance Corporation

What is the primary objective of ECGC?

  • To provide financial assistance to exporters
  • To promote the import of goods and services
  • To provide insurance to Indian exporters against loss in export of goods and services (correct)
  • To provide information about foreign companies’ importers, exporters and financial institutions

Who controls the Export Credit and Guarantee Corporation (ECGC)?

<p>Ministry of Commerce (A)</p> Signup and view all the answers

Who manages the Export Credit and Guarantee Corporation?

<p>Ministry of Commerce (B)</p> Signup and view all the answers

What type of risks does ECGC cover with its guarantee?

<p>Both political and commercial risks (C)</p> Signup and view all the answers

What is the purpose of the Export Credit and Guarantee Corporation?

<p>To provide support to Indian exporters (A)</p> Signup and view all the answers

Which of the following services is NOT provided by ECGC?

<p>Assistance in importing goods and services (D)</p> Signup and view all the answers

What is the purpose of the Export Credit and Guarantee Corporation (ECGC)?

<p>To provide support to Indian exporters (A)</p> Signup and view all the answers

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