📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Which of the following schemes ensures the easy

    availability of credit to exporters while reducing export-associated risks?
    A Trade Infrastructure for Export Scheme (TIES) Correct Answer Incorrect Answer
    B Market Access Initiatives (MAI) scheme Correct Answer Incorrect Answer
    C Export Credit Guarantee Scheme (ECGS) Correct Answer Incorrect Answer
    D Interest Equalisation Scheme Correct Answer Incorrect Answer
    E Rebate of State and Central Levies and Taxes (RoSCTL) Correct Answer Incorrect Answer

    Solution

    The Export Credit Guarantee Scheme (ECGS) ensures the easy availability of credit to exporters and reduces risks associated with exports. It is one of the key initiatives of the Ministry to support exporters. Additionally, other schemes like the Interest Equalisation Scheme, TIES, MAI, and RoSCTL aim to assist exporters by providing financial support, improving trade infrastructure, and offering tax rebates

    Practice Next
    More Current Financial Awareness Questions

    Relevant for Exams:

    ask-question