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    Question

    What is the full form of

    CGTMSE?
    A Credit Guarantee Trust for Micro and Small Entrepreneurs Correct Answer Incorrect Answer
    B Central Guarantee Fund for Technology Startups and MSMEs Correct Answer Incorrect Answer
    C Credit Guarantee Fund Trust for Micro and Small Enterprises Correct Answer Incorrect Answer
    D Collateral Guarantee Framework for MSME Enterprises Correct Answer Incorrect Answer
    E Credit Grant Scheme for MSME Entrepreneurs Correct Answer Incorrect Answer

    Solution

    CGTMSE stands for Credit Guarantee Fund Trust for Micro and Small Enterprises. It was established by the Government of India and SIDBI to provide guarantee cover on collateral-free loans extended to MSEs by banks and NBFCs. This scheme plays a vital role in promoting entrepreneurship by reducing the credit risk faced by lenders.

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