Credit Guarantee MCQ — 2 Practice Questions with Answers

Practice 2 Credit Guarantee multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.

2 Questions Indian Economy

Q1. Under ECLGS 5.0 approved on 6 May 2026, how much credit flow was specifically earmarked for Indian airlines?

A Rs. 5,000 crore Correct

B Rs. 500 crore

C Rs. 1,000 crore

D Rs. 100 crore

Explanation

The Cabinet-approved scheme earmarked Rs. 5,000 crore for airlines out of the additional credit-flow envelope. Rs. 1,000 crore and Rs. 1,500 crore are borrower-level limits, while Rs. 100 crore is the working-capital cap for general additional credit.

Q2. Which institution will provide default coverage under eligible additional credit facilities in ECLGS 5.0?

A Reserve Bank of India

B National Credit Guarantee Trustee Company Limited Correct

C Airports Authority of India

D Directorate General of Civil Aviation

Explanation

The release states that National Credit Guarantee Trustee Company Limited will cover the amount in default under eligible additional credit facilities. The RBI, Airports Authority of India and DGCA were not named as the guarantee-cover provider in this scheme structure.

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Frequently Asked Questions

How many Credit Guarantee MCQ questions are available?

There are 2 Credit Guarantee practice MCQs available on Aspirant Academy, with detailed answers and explanations for each question.

Are answers and explanations provided for Credit Guarantee MCQs?

Yes, every Credit Guarantee question comes with the correct answer and a detailed explanation to help you understand the underlying concept.

How is Credit Guarantee relevant to the RAS/RPSC exam?

Credit Guarantee falls under the Indian Economy section of the RAS/RPSC syllabus. It is a frequently tested area and regular practice with these MCQs will strengthen your preparation.

Can I practice Credit Guarantee questions in Hindi?

Yes, Aspirant Academy offers bilingual support. You can practice Credit Guarantee MCQs in both English and Hindi, including questions, options, and explanations.

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Credit Guarantee MCQ — 2 Practice Questions with Answers

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