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    Question

    The government had introduced a scheme to ensure the

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

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