Export Credit Guarantee Corporation is defined as .a.An organisation based on export financing that links international trade and investment with the expansion of the national economy.b.a marketplace for buying and selling assets backed by long-term debt or equity.c.a financial commitment that appears as an asset on a company's balance sheet.d.Indian exporters are protected by a variety of insurances from the risk of not realising export earnings owing to commercial or political hazards.Clear my choice

Export Finance and Insurance Corporation's function is:Question 7Select one:a.solely to lend directly to small- or medium-sized businesses involved in export tradeb.solely to guarantee trade finance to small- or medium- sized businesses involved in export tradec.to encourage export trade by providing trade insurance and financial servicesd.solely to provide insurance for Australian suppliers of goods and services against non-payment

What is the primary purpose of Export Credit?Finance imports into the countryProvide working capital for domestic industriesOffer pre-shipment and post-shipment finance to exportersFund infrastructure projects

Export finance corporations assist corporations to import foreign goods from the international markets at a favourable exchange rate.Question 6Select one:TrueFalse

The agent who sells goods on credit and is responsible for the collection of debts fromthe relevant parties is ………………………... In addition to the commission he is alsoentitled to ………………………………………………….b) Depending on the requirements of the importing country, some agro products of theexporting country may require a certificate from an accepted authority to confirm thesuitability of the product for consumption is …………………………. certificate. Andthe document issued to the exporter by the Customs confirming that the goods werereceived and undertaken by them is ……………………………………………

Which factor is most critical when assessing a borrower’s eligibility for export credit? Size of the company Creditworthiness and repayment history Number of employees Domestic market share