Question
Which of the following schemes facilitates the easy
availability of credit to exporters while also reducing risks associated with exports?Solution
The Export Credit Guarantee Scheme (ECGS) plays a crucial role in supporting exporters by: • Ensuring smooth access to credit, • Reducing risks linked to international trade and delayed payments, and • Enhancing confidence among exporters and lenders. Other schemes serve different purposes: • TIES: Focuses on developing trade infrastructure. • MAI: Helps exporters in market development and promotion. • Interest Equalisation Scheme: Offers subsidized interest rates on export credit. • RoSCTL: Provides rebates on state and central taxes to make Indian exports competitive. Thus, ECGS specifically addresses the credit availability and risk mitigation aspect of exports.
More Financial Management Questions
- A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___ - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____ - Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF - Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___
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