BANK Union Bank of India Local Bank Officer Mock Test 2024 Current Affairs Business and Economy Economic and Financial Affairs
Which of the following statements are true regarding the Export Credit Guarantee Corporation of India Limited (ECGC)?
- ECGC was established in 1957 to promote exports by providing credit risk insurance.
- The Corporation offers insurance covers against commercial risks but does not support MSME sector financing.
- ECGC administers the National Export Insurance Account (NEIA) Trust.
1
Only 1
2
Only 1 and 2
3
Only 1 and 3
4
Only 2 and 3
5
All of the above