Question

    What is the revised maximum credit guarantee cover per

    borrower under CGSS?
    A ₹15 crore Correct Answer Incorrect Answer
    B ₹10 crore Correct Answer Incorrect Answer
    C ₹25 crore Correct Answer Incorrect Answer
    D ₹20 crore Correct Answer Incorrect Answer
    E ₹12 crore Correct Answer Incorrect Answer

    Solution

    The government has revised the Credit Guarantee Scheme for Startups (CGSS) by increasing the maximum guarantee per borrower from ₹10 crore to ₹20 crore, promoting larger credit access for startups.

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