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      Question

      Credit Guarantee Fund Trust for Micro and Small

      Enterprises (CGTMSE) was introduced by creating a CGTMSE Trust by Govt of India and ….
      A SIDBI Correct Answer Incorrect Answer
      B SBI Correct Answer Incorrect Answer
      C EXIM Bank Correct Answer Incorrect Answer
      D Punjab National Bank Correct Answer Incorrect Answer
      E IDBI Correct Answer Incorrect Answer

      Solution

      The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS) was launched by the Government of India (GoI) to make available collateral-free credit to the micro and small enterprise sector. GoI and Small Industries Development Bank of India (SIDBI), established a Trust named Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to implement the Credit Guarantee Fund Scheme for Micro and Small Enterprises.

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