New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the financial assistance provided under the

    Credit Linked Capital Subsidy for Technology Upgradation (CLCS-TUS) scheme?    
    A 10% of project cost, capped at ₹10 lakh. Correct Answer Incorrect Answer
    B 15% of project cost, capped at ₹15 lakh. Correct Answer Incorrect Answer
    C 20% of project cost, capped at ₹20 lakh. Correct Answer Incorrect Answer
    D 25% of project cost, capped at ₹25 lakh. Correct Answer Incorrect Answer
    E 50% of project cost, capped at ₹50 lakh Correct Answer Incorrect Answer

    Solution

    The Credit Linked Capital Subsidy for Technology Upgradation (CLCSS) scheme provides a 15% upfront capital subsidy to micro and small enterprises (MSEs):    The maximum subsidy is ₹15 lakhs    The subsidy is available for eligible machinery and equipment    The subsidy is only available for projects where a term loan is sanctioned    The subsidy is available for businesses that have invested in improved and well-established plant machinery  

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