Question
Which of the following entity facilitates the guarantee
under the Emergency Credit Line Guarantee Scheme (ECLGS)?Solution
The Union Cabinet approved the Emergency Credit Line Guarantee Scheme in May 2020 and allowed additional funding of up to Rs.3 lakh crores to different sectors, especially Micro, Small, and Medium Enterprises (MSME) and MUDRA borrowers. As per this scheme, 100% guarantee coverage is to be provided by National Credit Guarantee Trustee Company Limited (NCGTC) to the Member Lending Institutions (MLI), Banks, Financial Institutions, and Non-Banking Financial Companies (NBFC)
Which of the following projects has a capacity of over 200 MW and is eligible for ₹200 crore plus ₹0.75 crore per MW as per the revised scheme?
Who is the President of Zimbabwe who has been re-elected for a second five-year term?
In the 117th episode of 'Mann Ki Baat,' which district's malaria control model did Prime Minister Modi praise? Â
Who has been announced as an ambassador for the ICC Men's T20 World Cup 2024?
The RBI's initiative to enhance digital lending transparency is primarily aimed at:
Which companies have been awarded the engineering design study contract for Sembcorp Industries Ltd's green ammonia plant in Thoothukudi, Tamil Nadu?
Which state ranked first in the Urban Governance Index (UGI) 2024 in India?
The 16th BRICS Summit 2024, held in Kazan, was chaired by which country?
Which state became the first to join the Cruise Bharat Mission?
The Asian Development Bank (ADB) has approved a $295 million loan to widen and upgrade around 265 kilometers of state highways, improving transport conn...