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The Export Credit Guarantee Corporation (ECGC) plans to support exports worth ₹10 lakh crore in FY24 from around ₹6.7 lakh crore at present. It has also increased the insurance cover for exporters with a credit limit of up to ₹50 crore to 90% and extended its cover to nine more banks. The change comes into effect on July 1, 2023. The benefit of the enhanced cover will be extended to the accounts with limits up to ₹50 crore for these four banks without extra cost. For nine banks where six-year claim to premium ratio is less than 70%, cover for accounts with export credit working capital limits up to Rs 20 crore, will be offered enhanced cover of 90% without any additional cost provided the banks are extending the export credit at an interest rate corresponding to the accounts rated ‘AA’ (or with equivalent rating).
In which of the following states does the Black Soil mostly found in abundance?
_____ took over the rotating presidency of the Council of the European Union for six months.
Champaner-Pavagadh Archaeological Park is a UNESCO World Heritage Site, it is located in which state of India?
Who among the following is known as the 'Missile Man of India'?
राणा कुम्भा द्वारा निर्मित अचलग
What is purchasing power parity (PPP)
The headquarter of International Cricket Council is located at:
Which country has launched the ‘world’s biggest and most powerful’ nuclear icebreaker ship ?
Where was the first meeting for Individual Satyagraha held in 1940 in Garhwal?
Which new category has been introduced under the Pradhan Mantri Mudra Yojana to cover loans between ₹10 lakh and ₹20 lakh?
