Current Affairs · Government Schemes
The Credit Guarantee Scheme for Exporters approved in late 2025 provides 100% guarantee coverage to Member Lending Institutions. Identify the correct analytical inference regarding this scheme:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Oversight lies with the RBI and EXIM Bank jointly.
- 2It provides guarantee for additional credit facilities up to ₹25,000 crore.
- 3It is implemented by the Export Credit Guarantee Corporation (ECGC).
- 4The scheme aims to reduce risk exposure of lenders to exporters, thus improving credit flow and financial inclusion in the export sector.✓
Correct answer
The scheme aims to reduce risk exposure of lenders to exporters, thus improving credit flow and financial inclusion in the export sector.
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