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 following statements accurately describes the relationship between price and quantity demanded/supplied, considering potential exceptions?
In case of wilful defaulters, the bank must complete the identification process within:
Which electronic platform is used for facilitating T-bills auctions?
As per the UK Sinha Committee, which of the following measures was proposed to improve the financing of MSMEs?
Which of the following Scheme has been merged into Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS) Scheme.
I- Pradhan Mantri Kaushal Ko Kaam K...
Which of these are covered under Regulated Entities (RE):
1. All India Financial Institutions (AIFIs)
2. All Non-Banking Finance Companies...
Which of the following is correct regarding Reinvestment Risk?
                             i.       When I...
What is the full form of IFSC in the context of GIFT City?
Which role is the manager playing when he communicates within and outside the organization to maintain healthy relationship both within and outside the ...
As per the Companies Act, 2013, the minimum gap between two Annual General Meetings (AGMs) should not be more than:
Relevant for Exams:
