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)
For which class of students is the National Talent Search Examination (NTSE) conducted by the National Council of Educational Research and Training (NCE...
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How much profit did Public Sector Banks (PSBs) collectively record in FY25?
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What is the total value of the aid package the US unveiled to support Argentina’s currency crisis in 2025?
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