Question

How much Grant-in-aid was approved by the cabinet in September 2021 for the continuation of the National Export Insurance Account (NEIA) scheme? 

A Rs. 1,200 Crores Correct Answer Incorrect Answer
B Rs. 1,650 Crores Correct Answer Incorrect Answer
C Rs. 1,300 Crores Correct Answer Incorrect Answer
D Rs. 1,400 Crores Correct Answer Incorrect Answer
E Rs. 1,550 Crores Correct Answer Incorrect Answer

Solution

The Union Cabinet approved the continuation of the National Export Insurance Account (NEIA) scheme and infusion of Rs 1,650 crore grant-in-aid over five years, from FY2021-2022 to FY2025-2026.

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