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    Question

    What is a unique feature of the “Ubharte Sitaare”

    project funding product for export-oriented MSMEs?
    A Loans up to 100% of the project cost for export-oriented MSMEs Correct Answer Incorrect Answer
    B Exclusive funding for domestic market expansion Correct Answer Incorrect Answer
    C Joint financing option available with EXIM Bank Correct Answer Incorrect Answer
    D Preference given only to new units without promoter experience Correct Answer Incorrect Answer
    E No technical assistance or mentorship support provided Correct Answer Incorrect Answer

    Solution

    The “Ubharte Sitaare” project funding product is specially designed for export-oriented MSMEs to enhance their competitiveness through: • Modernization, product diversification, technology upgradation, and R&D support. • A unique feature: availability of joint financing in partnership with EXIM Bank. • Additional benefits include technical assistance, mentorship, equity support, performance-linked interest incentives, and foreign currency term loans. Eligibility covers both new and existing export-focused enterprises with solid fundamentals and international market strategies, provided they have no defaults with banks or financial institutions.

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