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      Question

      In the financial year 2024тАУ25, the Credit Guarantee

      Fund Trust for Micro and Small Enterprises (CGTMSE)achieved a record by approving how much worth of credit guarantees for Micro and Small Enterprises (MSEs)?
      A тВ╣1 lakh crore Correct Answer Incorrect Answer
      B тВ╣3 lakh crore Correct Answer Incorrect Answer
      C тВ╣5 lakh crore Correct Answer Incorrect Answer
      D тВ╣7.5 lakh crore Correct Answer Incorrect Answer
      E тВ╣9.8 lakh crore Correct Answer Incorrect Answer

      Solution

      According to recent reporting, in the fiscal year 2024тАУ25, the CGTMSE approved guarantees worth тВ╣3 lakh crore for MSE loansтАФa significant milestone that underscores the agencyтАЩs importance in expanding collateral-free credit access to small businesses in India. cgtmse.in+13rupeeboss.com+13sansad.in+13sbi.co.incgtmse.in тАв Formula/Context: This figure represents the total value of loan facilities for which CGTMSE provided a credit guarantee. тАв Significance: It highlights CGTMSEтАЩs growing role in facilitating MSME financing, especially after policy enhancements such as raising the guarantee cover limit to тВ╣10 crore, lowered guarantee fees, and operational reforms. Correct Answer: тВ╣3 lakh crore

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