MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Obtaining Export License

Does Export C...

Question

Does Export Credit Guarantee Corporation help exporters with financial assistance?

A

Yes

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

No

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A
Yes

Yes. Export Credit Guarantee Corporation help exporters with financial assistance. It protects exporters payments from political and commercial risks.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Which of the following organisations provides guarantee to the exporters?

Q. Loans granted by a bank to an exporter popularly known as ‘Export credit’ is guaranteed, in case of default, by which of the following?

Q. The major institutions offering assistance to exporters are ______________.

Q. In India, the State Financial Corporation has given assistance to mainly develop ______.

Why does an exporter need 'Letter of Credit'?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Export Import Procedure

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Obtaining Export License

Standard XI Business Studies

Join BYJU'S Learning Program

CrossIcon