19(Nirvik Scheme) Flashcards Preview

2 September > 19(Nirvik Scheme) > Flashcards

Flashcards in 19(Nirvik Scheme) Deck (4)
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1
Q

What is it

A

It is a export insurance scheme

2
Q

who is offering it

A

ECGC(Export Credit Gurantee Corporation)

It is under Mo Commerce

3
Q

how much risk it will take

A

90%

4
Q

is ECGC a bank

A

No its a body that lends to banks for the purpose of giving loans to export insurances

It was started in 1957

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