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      Question

      Which of the following statements is true about the

      Credit Proposal Tracking System (CPTS) for MSME loan applications?
      A It is optional for banks Correct Answer Incorrect Answer
      B It does not provide any application status updates Correct Answer Incorrect Answer
      C It automatically generates a unique serial number for applications Correct Answer Incorrect Answer
      D It is available only for applications above β‚Ή10 lakh Correct Answer Incorrect Answer
      E It is accessible only at the branch level Correct Answer Incorrect Answer

      Solution

      The CPTS generates a unique serial number for each MSME loan application, enabling centralized tracking and acknowledgment of applications.

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