Which organization provides guarantee to the exporters?

a. EXIM Bank

b. Export Credit Guarantee Corporation

c. Export Credit Guarantee Corporation

d. Registrar of companies

ANSWER: Export Credit Guarantee Corporation

Explanation:

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)