New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Recently The Government of India has launched a “

    RAMP ” Scheme with an outlay of______?
    A ₹8000 crore Correct Answer Incorrect Answer
    B ₹6,062.45 crore Correct Answer Incorrect Answer
    C ₹5,082.452 crore Correct Answer Incorrect Answer
    D ₹2048.8 crore Correct Answer Incorrect Answer
    E ₹3550 crore Correct Answer Incorrect Answer

    Solution

    Government has launched a World Bank supported Central Sector Scheme called Raising and Accelerating MSME Performance ( RAMP ). The scheme aims at strengthening institutions and governance at the Centre and State, improving Centre - State linkages and partnerships and improving access of MSMEs to market and credit, technology upgradation and addressing issues of delayed payments and greening of MSMEs . RAMP programme will be implemented over a period of five years . The total outlay for the scheme is ₹6,062 . 45 crore or USD 808 Million , out of which ₹3750 crore or USD 500 Million would be a loan from the World Bank and the remaining ₹2312 . 45 crore or USD 308 Million would be funded by the Government of India ( GoI ). Ministry of MSME Ministers responsible : Narayan Rane, Cabinet Minister; Bhanu Pratap Singh Verma, Minister of State .

    Practice Next

    Relevant for Exams: