Question
The Credit Guarantee Fund Trust for Micro and Small
Enterprises (CGTMSE) was established jointly by the Government of India (through the Ministry of MSME) and which institution?Solution
• The CGTMSE scheme was launched in 2000 by the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India, in collaboration with SIDBI. • Its primary objective is to encourage collateral-free loans to Micro and Small Enterprises (MSEs). • Under the scheme, banks and financial institutions receive a credit guarantee cover (up to a specified percentage) in case the borrower defaults. • This reduces the lender’s risk and motivates them to extend loans to first-time or small entrepreneurs. Thus, the partner institution is SIDBI.
Which of the four words given in the options cannot be formed using each letter of the word given below only once?Â
SENTENCE
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