The 'Export Credit Guarantee Corporation of India' provides: MCQ with Answer and Explanation

Question

Share Report Error

The 'Export Credit Guarantee Corporation of India' provides:

A. stock trading

B. credit risk insurance to exporters

C. crop insurance

D. banking services to public

Answer: Option B

Solution (By JKSSB Mock Tests)

ECGC provides credit risk insurance to exporters against payment defaults.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

The 'Rupay Kisan Card' is a:

A. gift card

B. credit card

C. forex card

D. debit card for farmers

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
Rupay Kisan Card is a debit card for farmers.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'investment multiplier' is greater when the marginal propensity to consume is:

A. lower

B. zero

C. higher

D. negative

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
The multiplier is higher when MPC is higher because more of each income increase is spent.

This question belongs to: Economy GK Economy Set 1

Question #3

The concept of 'Green Bonds' refers to:

A. Debt instruments whose proceeds are earmarked for environmentally beneficial projects

B. Only conventional government bonds

C. Only short-term money-market instruments

D. Only high-yield corporate bonds

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
Green bonds are fixed-income securities issued to raise capital specifically for projects that have positive environmental or climate benefits, with proceeds tracked and reported accordingly.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs