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Question

Effective 1 July 2023, ECGC extended 90% cover under its Whole Turnover Export Credit Insurance for Banks to small exporters with aggregate export-credit working-capital limits up to how many crore rupees?

The correct answer is

50 crore

The 90% cover under Whole Turnover Export Credit Insurance for Banks was extended to small exporters with aggregate export-credit working-capital limits up to ₹50 crore, effective 1 July 2023.

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Important Questions from Banking Affairs

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