UPSC Prelims Practice Questions — Credit Guarantee Scheme for Exporters (CGSE) made operational through Jan Samarth Portal w.e.f. 1 December 2025

Q1. Which one of the following Departments under the Union Ministry of Finance is the nodal department for operationalising the Jan Samarth Portal?

  • A. Department of Economic Affairs
  • B. Department of Financial Services
  • C. Department of Expenditure
  • D. Department of Revenue

Q2. With reference to the Credit Guarantee Scheme for Exporters (CGSE) operationalised in 2025, consider the following statement: It provides additional collateral-free credit to exporters with a corpus ceiling of ₹20,000 crore and is delivered through the Jan Samarth Portal. Which of the following best describes the statement?

  • A. Both the corpus ceiling and the delivery platform are correctly stated
  • B. Only the corpus ceiling is correctly stated; the delivery platform is wrong
  • C. Only the delivery platform is correctly stated; the corpus ceiling is wrong
  • D. Neither the corpus ceiling nor the delivery platform is correctly stated

Q3. Match List I with List II and select the correct answer using the code given below:

  • A. A-1, B-2, C-3, D-4
  • B. A-2, B-1, C-3, D-4
  • C. A-1, B-3, C-2, D-4
  • D. A-1, B-2, C-4, D-3

Q4. With reference to the Credit Guarantee Scheme for Exporters (CGSE), 2025 and the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), consider the following statements:

  1. CGSE extends a 100 per cent guarantee cover to Member Lending Institutions, whereas MCGS-MSME extends only a 60 per cent guarantee cover.
  2. Unlike CGSE, MCGS-MSME is open to both MSME and non-MSME borrowers.
  3. Both schemes are operationalised through the National Credit Guarantee Trustee Company Limited (NCGTC).
  • A. 1 only
  • B. 1 and 3 only
  • C. 2 and 3 only
  • D. 1, 2 and 3

Q5. Under the Credit Guarantee Scheme for Exporters (CGSE), which one of the following is the designated trustee agency that extends the guarantee cover to Member Lending Institutions?

  • A. Small Industries Development Bank of India (SIDBI)
  • B. Export Credit Guarantee Corporation of India (ECGC)
  • C. National Credit Guarantee Trustee Company Limited (NCGTC)
  • D. Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)

Q6. Under the Credit Guarantee Scheme for Exporters (CGSE) operationalised on the Jan Samarth Portal, the additional collateral-free working capital loan to an eligible exporter is capped at what percentage of the borrower's existing export credit / working capital limits?

  • A. 10 per cent
  • B. 15 per cent
  • C. 20 per cent
  • D. 25 per cent

Q7. Which one of the following best describes the role of the Export Credit Guarantee Corporation (ECGC) of India?

  • A. It provides credit insurance cover to exporters and to banks against payment and country risks in export transactions.
  • B. It extends 100% credit guarantee to banks for additional collateral-free working capital loans sanctioned to Indian exporters.
  • C. It is the trustee company that operates credit guarantee schemes notified by the Department of Financial Services.
  • D. It refinances scheduled commercial banks for pre-shipment and post-shipment export credit at concessional interest rates.

Q8. With reference to the Credit Guarantee Scheme for Exporters (CGSE), recently made operational through the Jan Samarth Portal, consider the following statements: 1. It provides 100% credit guarantee coverage by the National Credit Guarantee Trustee Company (NCGTC) to Member Lending Institutions. 2. The guarantee is extended on additional collateral-free credit of up to ₹20,000 crore to exporters. 3. It is implemented by the Department of Financial Services through NCGTC. Which of the statements given above are correct?

  • A. 1 and 2 only
  • B. 2 and 3 only
  • C. 1 and 3 only
  • D. 1, 2 and 3

Q9. With reference to the Credit Guarantee Scheme for Exporters (CGSE) and related credit guarantee instruments in India, consider the following statements:

  1. Both the CGSE and the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) are implemented through the National Credit Guarantee Trustee Company Limited (NCGTC), a wholly owned company of the Department of Financial Services.
  2. Unlike the CGSE, the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) was established by the Ministry of Micro, Small and Medium Enterprises jointly with the Small Industries Development Bank of India (SIDBI).
  3. Under the CGSE, the 100% credit guarantee cover to Member Lending Institutions on collateral-free working capital loans to exporters is extended by the Export Credit Guarantee Corporation (ECGC).
  • A. 1 and 2 only
  • B. 1 only
  • C. 2 and 3 only
  • D. 1, 2 and 3

Q10. With reference to the Credit Guarantee Scheme for Exporters (CGSE) approved by the Union Cabinet, which one of the following is the nodal Department of the Union Government for administering the scheme?

  • A. Department for Promotion of Industry and Internal Trade
  • B. Department of Commerce
  • C. Department of Financial Services
  • D. Department of Economic Affairs

Q11. As per the PIB release of 1 January 2026, how many applications were sanctioned under the Credit Guarantee Scheme for Exporters (CGSE) through the Jan Samarth Portal in its first month of operation (1–31 December 2025)?

  • A. 716
  • B. 1,788
  • C. 3,141
  • D. 8,599

Q12. Match List I with List II and select the correct answer using the code given below the Lists:

  • A. A-1, B-2, C-3, D-4
  • B. A-2, B-1, C-4, D-3
  • C. A-1, B-2, C-4, D-3
  • D. A-2, B-1, C-3, D-4

Q13. With reference to India's export promotion ecosystem, which of the following institutions/schemes are NOT administered by the Department of Financial Services under the Ministry of Finance?

  1. Export-Import Bank of India
  2. ECGC Ltd
  3. RoDTEP Scheme
  4. Credit Guarantee Scheme for Exporters (CGSE)
  • A. 1 and 4
  • B. 2 and 3
  • C. 1, 2 and 4
  • D. 3 only

Q14. Under the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme, the transferable electronic scrip (e-scrip) to the exporter is issued and maintained in an electronic ledger by which one of the following?

  • A. Directorate General of Foreign Trade (DGFT), Ministry of Commerce & Industry
  • B. Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue
  • C. Reserve Bank of India, through Authorised Dealer banks
  • D. National Credit Guarantee Trustee Company Ltd. (NCGTC)