ECGC Limited (Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by? A. RBI B. Government Of India C. IRDAI D. NABARD

ECGC Limited (Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by? A. RBI B. Government Of India C. IRDAI D. NABARD
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B. Government Of India Explanation: ECGC Ltd. (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 the country by providing Credit Risk Insurance and related services for exports. It functions under the administrative control of Ministry of Commerce & Industry, and is managed by a Board of Directors comprising representatives of the Government, Reserve Bank of India, banking, and insurance and exporting community.
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