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      Question

      What credit growth target did the Prime Minister’s

      Task Force on MSMEs recommend for banks in terms of lending to micro enterprises each year?
      A 5% growth in credit and 20% growth in accounts Correct Answer Incorrect Answer
      B 10% growth in credit and 15% growth in accounts Correct Answer Incorrect Answer
      C 20% growth in credit and 10% growth in accounts Correct Answer Incorrect Answer
      D 25% growth in credit and 5% growth in accounts Correct Answer Incorrect Answer
      E 30% growth in credit and 10% growth in accounts Correct Answer Incorrect Answer

      Solution

      The Prime Minister’s Task Force on MSMEs recommended a 20% year-on-year growth in credit to micro and small enterprises and a 10% annual growth in the number of micro enterprise accounts.  

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