Which organization provides guarantee to exporters in India?
Q. Which organization provides guarantee to the exporters?- Published on 15 Feb 17a. EXIM Bank
b. Export Credit Guarantee Corporation
c. Export Credit Guarantee Corporation
d. Registrar of companies
ANSWER: Export Credit Guarantee Corporation
The ECGC Limited (Formerly Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by the Government of India.
It provides export credit insurance support to Indian exporters and is controlled by the Ministry of Commerce.
Govt. of India initially set up Export Risks Insurance Corporation (ERIC) in July 1957.
It was transformed into Export Credit and Guarantee Corporation Limited (ECGC) in 1964, and to Export Credit Guarantee Corporation of India in 1983.
ECGC Limited
Founded : 1957
Headquarter : Mumbai, India
Current Head : Mrs. Geetha Muralidhar (Chairman & MD)
