Question

    Which entities are eligible to participate in the

    MSE-SPICE scheme as Primary Lending Institutions (PLIs)?  
    A Only Scheduled Commercial Banks Correct Answer Incorrect Answer
    B All India Financial Institutions, including SIDBI, and Scheduled Commercial Banks Correct Answer Incorrect Answer
    C Small Finance Banks, NBFCs, and MFIs after signing an MoU with SIDBI Correct Answer Incorrect Answer
    D All Scheduled Commercial Banks, All India Financial Institutions, Small Finance Banks, NBFCs, and MFIs after signing an MoU with SIDBI Correct Answer Incorrect Answer
    E Only NBFCs and Small Finance Banks Correct Answer Incorrect Answer

    Solution

    The MSE-SPICE scheme includes a broad range of financial institutions as eligible PLIs. These entities must sign a Memorandum of Understanding (MoU) with SIDBI to participate in the scheme, enabling them to provide financial assistance to MSEs adopting circular   economy practices.  

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