Question : In 2019, the Export Credit Guarantee Corporation of India (ECGC) introduced the Export Credit Insurance Scheme(ECIS) called ______.
Option 1: NIRANKUSH
Option 2: NIRUKT
Option 3: NIRVAY
Option 4: NIRVIK
Correct Answer: NIRVIK
Solution : The correct answer is NIRVIK.
NIRVIK stands for Niryat Rin Vikas Yojana. The scheme was announced by the Export Credit Insurance Scheme (ECIS) to enhance loan availability and ease the lending process. The scheme was introduced to provide enhanced insurance coverage and reduce the premium for small exporters. The ECIS under which the insurance is guaranteed could cover up to 90% of the principal and interest.
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Question : Which among the following was set up in 1956 by the Indian Government by nationalising all the existing private sector life insurance companies?
Option 1: United India Insurance Company Limited
Option 2: General Insurance Corporation of India
Option 3: New India Assurance Company Limited
Option 4: Life Insurance Corporation of India
Question : Medical Insurance Scheme for State Employees and Pensioners (abbr. MEDISEP) is a unique and comprehensive social insurance scheme. This scheme was implemented by which state government?
Option 1: Karnataka
Option 2: Chhattisgarh
Option 3: Kerala
Option 4: Rajasthan
Question : Which one of the following does not deal with export promotion?
Option 1: Trade development authority
Option 2: Minerals and Metals Trading Corporation
Option 3: Cooperative marketing societies
Option 4: State Trading Corporation of India
Question : Buffer stock operations are conducted by
Option 1: Warehousing corporation of India
Option 2: State Trading Corporation of India
Option 3: Food corporation of India
Option 4: Ministry of Agriculture
Question : Which among the following banks launched the "Gram Seva Program" across six states in India in October 2022?
Option 1: Industrial Credit and Investment Corporation of India
Option 2: Reserve Bank of India
Option 3: State Bank of India
Option 4: Housing Development Finance Corporation
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