The Export Credit Guarantee Corporation (ECGC) plans to support exports worth _______ in FY24 from around ₹6.7 lakh crore at present and the change will come into effect from July 1, 2023.
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).
Select the option that best conveys the meaning of the bold idiom in the sentence.
Ashish has been crying wolf so often that the family has sto...
A snake in the grass
Fill in the blank given below using the correct idiom.
Not getting that job turned out to be _______________, as the firm went out of busine...
She rejected his proposal of marriage point-blank.
...A laughing stock
To take to one's heels
Fill in the blank given below using the correct idiom.
Despite his _______________ in the company, his lack of experience led to poor decisio...
You are required to identify the words that are contextually similar to the phrase given in bold and mark that as your answer. If none of the options e...
Select the most appropriate meaning of the given idiom.
Break the ice
In the following questions, four alternatives are given for the idioms/phrases. Choose the one which best expresses the meaning of the given idiom/phra...
