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.
Match the following Set 1 (A, B, C, D Options) with Set 2 (P, Q, R, S) to form meaningful pairs.
Set 1
A) Integrated Rural Developmen...
What is TRYSEM?
A set of three statements regarding Maternity Benefits in India are given below. Read each statement and answer whether each statement is true or false?...
Constitutionally the second most senior office in the country is:
A National Innovation Mission to make traditional knowledge base of India more enriched and promote innovation has been established under NITI Aayog....
Which one of the following is the first Anti Terror law enacted in India?
In which state of India the annual 'Bonalu Festival' was organized?
Consider the following statements aboutPashupatinath Temple:Â
1.   Recently the sale and consumption of meat, alcohol, and other intoxicants...
Which of the following statements is/are correct about Jal Jeevan Mission?
       I.           Asian Development Bank (ADB) a...
The World Bank has approved a loan of around Rs 1,000 crore to the _________ government primarily to support its effort to help the poor and vulnerable ...
Relevant for Exams:
