Question
The Ministry of Micro, Small and Medium Enterprises is implementing the ‘International Cooperation Scheme’ under which financial assistance is provided to Micro, Small and Medium Enterprises (MSMEs) to promote export from them. With reference to the above scheme,consider the following statements-
The Ministry of Micro, Small and Medium Enterprises is implementing the ‘International Cooperation Scheme’ under which financial assistance is provided to Micro, Small and Medium Enterprises (MSMEs) to promote export from them. With reference to the above scheme,consider the following statements-
I.75 percent of the cost paid subject to a maximum of Rs. 40,000/- or actual, whichever is lower subject to quarterly reporting by Export Promotion Councils (EPCs) as per prescribed format.
II.Maximum reimbursement in a financial year of Rs. 10,000/- or actual, whichever is lower subject to quarterly reporting by ECGC as per prescribed format.
III.With respect to the fee paid on Testing & Quality Certification acquired by MSEs to Export Products,reimbursement allowed for a maximum of 3 certificates per financial year with a ceiling of Rs. 1.5 Lakh per MSE unit. Which of the following is/are correct?
More BeePedia – Current Affairs Questions
- Statements: 1. Amendments to the MSME Act were proposed during International MSME Day 2024. 2. The TEAM Initiative facilitates onboarding micro and small e...
- India’s exports contracted by 1.15 per cent to _____________in August 2022?
- Who won the Commonwealth Short Story Prize 2024 and what was the title of the winning story?
- Which city hosts the ChipIN Centre that serves as the national backbone for the C2S programme?
- When is the Indian Air Force scheduled to participate in Exercise Desert Flag-10 in the UAE?
- In which year was the last Socio-Economic and Caste Census (SECC) conducted in India before the current decision?
- Which state held the highest outstanding retail loans in FY25?
- Consider the following statements: I. Chief Minister’s Breakfast Scheme has recently been implemented by Andhra Pradesh. II. 1,545 government primary sch...
- Under the Kerala Private Universities Bill, what is the minimum land requirement for establishing a university with multiple campuses?
- Which Indian actor received the UK's Lifetime Achievement Award in March 2025?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)