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    Question

    How much worth of credit guarantees were approved under

    the Credit Guarantee Scheme (CGS) in the financial year 2024–25 alone?
    A β‚Ή1 lakh crore Correct Answer Incorrect Answer
    B β‚Ή3 lakh crore Correct Answer Incorrect Answer
    C β‚Ή5 lakh crore Correct Answer Incorrect Answer
    D β‚Ή7.5 lakh crore Correct Answer Incorrect Answer
    E β‚Ή9.8 lakh crore Correct Answer Incorrect Answer

    Solution

    In FY 2024–25 alone, CGTMSE approved a record β‚Ή3 lakh crore worth of credit guarantees, showcasing its vital role in easing credit access for small enterprises across India and supporting economic inclusivity and job creation.

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