Question

What is the primary objective of the Credit Guarantee

Q: Answer-What is the primary objective of the Credit Guarantee Scheme introduced for MSMEs in the Budget 2024...

The Credit Guarantee Scheme aims to provide term loans to MSMEs for the purchase of machinery and equipment without requiring collateral or third-party guarantees.

Scheme introduced for MSMEs in the Budget 2024-25?

A To reduce interest rates on loans

B To provide tax benefits to MSMEs

C To facilitate term loans for MSMEs without collateral or third-party guarantees

D To offer direct financial grants to MSMEs

E To provide subsidies on exports

Practice Next

More Financial Management Questions

What does trypsin do?
What is the colour of the outer zone of complete combustion of candle flame?
Which of the following statement is/are true?

I. Metal oxides are acidic in nature

II. Non-metallic oxides are basic in nature
Which of the following isotope of hydrogen is radioactive in nature?
Which of the following is a water soluble vitamin?
Which of the following is correct regarding isobars?

I. They have different atomic numbers

II. The have same mass numbers
What is the nature of the pH of milk?
Chlorophyll-a is present in all photosynthetic organisms except
Water from soil enters into the root hairs owing to :
_____ is used for making chemical apparatus like beakers, flasks, etc.

What is the primary objective of the Credit Guarantee

Solution