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      Question

      Under the Micro Credit Card Scheme for MSMEs launched by

      SIDBI, what is the maximum credit amount available to Udyam-registered micro enterprises?
      A Rs 2 lakh Correct Answer Incorrect Answer
      B Rs 3 lakh Correct Answer Incorrect Answer
      C Rs 4 lakh Correct Answer Incorrect Answer
      D Rs 5 lakh Correct Answer Incorrect Answer
      E Rs 7 lakh Correct Answer Incorrect Answer

      Solution

      The Micro Credit Card Scheme enables Udyam-registered micro enterprises to access credit of maximum Rs 5 lakh with 75% guarantee coverage and without mandatory primary security.

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