What is Export Credit Guarantee Corporation?
- A range of insurance covers Indian exporters against the risk of non – realization of export proceeds due to commercial or political risks.
- An export finance-based institution engaged in integrating foreign trade and investments with the national economic growth.
- A financial market in which long-term debt or equity-backed securities are bought and sold.
- None of the Above
Answer: a. A range of insurance covers Indian exporters against the risk of non – realization of export proceeds due to commercial or political risks