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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).
Which of the following potential will never have positive value?
Maximum amount in pulses is produced in which Indian state?
Sugarcane is considered mature, if Brix value is:
Which international agreement aims to conserve biodiversity and ensure the sustainable use of its components?
Amount of water in 5 ha cm will be
Windbreaks are planted in which direction?
What symptom is characteristic of Verticillium Wilt in cotton?
Family of Jute is?
What is the scientific name of white grub?
Each turn of B-oxidation spiral generates two reduced coenzymes in the form of
