What percentage of risk coverage is offered under Component II of RELIEF?
- A.75 per cent
- B.80 per cent
- C.90 per cent
- D.95 per cent
Correct answer
Explanation
The correct answer is 95 per cent. Component II of the initiative is designed to push exporters towards taking cover from the Export Credit Guarantee Corporation of India for their coming shipments to the notified regions, and the inducement it offers is risk coverage at the level of ninety five per cent. The cover is open to Standalone Policies and to Whole Turnover Policies taken on or after the middle of March 2026, and the exporter is also protected on the price side, because the premium cannot be raised past the level that held before the disruption started. Options A, B and C, at seventy five, eighty and ninety per cent, are lower shares that sound plausible for an export credit guarantee product but none of them is the figure notified here. The pairing to remember is ECGC cover plus ninety five per cent risk coverage.
Read the full article: RELIEF Export Scheme Extended Till 31 March 2027
Practice Questions
Component II of the RELIEF initiative has been extended until which date?
- A.31 December 2026
- B.31 March 2027
- C.30 September 2027
- D.31 March 2028
Show answer
The Department of Commerce has carried forward the timelines of Component II of RELIEF, the time-bound intervention that sits under the Export Promotion Mission, up to the close of March 2027, and the change was notified through Notification No. 37/2026-27 issued on 30 September 2026.
Read the full explanation →Which of the following cargo categories is NOT covered under the RELIEF initiative?
- A.Full Container Load
- B.Less than Container Load
- C.Refrigerated or reefer containers
- D.Energy shipments
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The cover under the initiative extends to three kinds of cargo, namely Full Container Load, Less than Container Load and refrigerated or reefer containers, and consignments of energy are specifically kept outside it.
Read the full explanation →The products of The AABHAR Collection are drawn mainly from which two identification systems for distinctive regional goods?
- A.One District, One Product and Geographical Indication tags
- B.Agmark and Hallmark certification
- C.Startup India and Stand Up India registration
- D.Udyam registration and ISI marking
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The storefront was built around products associated with the ODOP initiative and goods carrying a GI tag, so that a government buyer looking for a gift also ends up supporting a recognised craft cluster.
Read the full explanation →Mrignayani and Poompuhar, two of the emporiums listed on the storefront, belong to which States respectively?
- A.Maharashtra and Karnataka
- B.Madhya Pradesh and Tamil Nadu
- C.Gujarat and Kerala
- D.Jharkhand and Odisha
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Among the ten emporiums whose catalogues make up the collection, Mrignayani is the emporium of Madhya Pradesh and Poompuhar that of Tamil Nadu.
Read the full explanation →How many product catalogue listings does The AABHAR Collection on the Government e-Marketplace carry?
- A.194 listings from 8 emporiums
- B.294 listings from 10 emporiums
- C.394 listings from 12 emporiums
- D.494 listings from 15 emporiums
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The storefront draws its catalogue from ten State and Central handloom and handicraft emporiums, among them COTTAGE of the Central Cottage Industries Emporium, KHADI INDIA of the Khadi and Village Industries Commission, Garvi Gurjari of Gujarat, Himcrafts of Himachal Pradesh, Jharcraft of Jharkhand, Cauvery of Karnataka, Mrignayani of Madhya Pradesh…
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