13 Views

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


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 13th Jan, 2024

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.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

Amity University | BCA Admiss...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
Amity University, Noida B.Com...
Apply
Ranked as India’s #1 Not for profit pvt. University by India Today
Manav Rachna-MRIIRS B.A Admis...
Apply
NAAC A++ Grade | 41000+ Alumni network | Students from over 20 countries
Amity University Admissions 2025
Apply
Amongst top 3% universities globally (QS Rankings) | Ranked as India’s #1 Not for profit pvt. University by India Today
Galgotias University | Admiss...
Apply
25+ years of legacy | NAAC A+ Grade | 800+ Recruiters | 1.5 CR-Highest Package
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books