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    Question

    Who is the regulator of ECGC?

    A Ministry of Finance Correct Answer Incorrect Answer
    B Ministry of Commerce and Industry Correct Answer Incorrect Answer
    C Ministry of External Affairs Correct Answer Incorrect Answer
    D Ministry of Corporate Affairs Correct Answer Incorrect Answer
    E Ministry of Home Affairs Correct Answer Incorrect Answer

    Solution

    ECGC (Export Credit Guarantee Corporation) was established in July, 1957 to strengthen the export promotion by covering the risk of exporting on credit. It comes under the direct control of the Ministry of Commerce & Industry, Department of Commerce, Government of India.

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