Examveda
Examveda

When was the Export Credit Guarantee Corporation of India established?

A. 1955

B. 1956

C. 1957

D. 1958

Answer: Option C

Solution(By Examveda Team)

The Export Credit Guarantee Corporation of India was established in 1957. ECGC Ltd. (Formerly known as Export Credit Guarantee Corporation of India Ltd.) wholly owned by Government of India, was set up in 1957 with the objective of promoting exports from he country by providing credit risk insurance and related services for exports.

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