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

    Question

    Which of the following government schemes is NOT

    directly related to improving the access to credit or finance for MSMEs in India?
    A Prime Minister's Employment Generation Programme (PMEGP) Correct Answer Incorrect Answer
    B Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Correct Answer Incorrect Answer
    C Technology Upgradation Fund Scheme (TUFS) Correct Answer Incorrect Answer
    D Pradhan Mantri MUDRA Yojana (PMMY) Correct Answer Incorrect Answer
    E National Manufacturing Competitiveness Programme (NMCP) Correct Answer Incorrect Answer

    Solution

    The National Manufacturing Competitiveness Programme (NMCP) is primarily focused on enhancing the manufacturing competitiveness of MSMEs by improving their productivity, innovation, and quality. While this indirectly benefits MSMEs by improving their operational efficiency, it is not a credit or finance-based scheme. On the other hand, schemes like PMEGP , CGTMSE , TUFS , and PMMY are designed to provide MSMEs with better access to financing, either through credit guarantees, loans, or subsidies for technology upgradation.

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