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    Question

    What is the maximum loan amount guaranteed under the

    Mutual Credit Guarantee Scheme (MCGS) for MSMEs?
    A тВ╣50 crore Correct Answer Incorrect Answer
    B тВ╣75 crore Correct Answer Incorrect Answer
    C тВ╣100 crore Correct Answer Incorrect Answer
    D тВ╣150 crore Correct Answer Incorrect Answer
    E тВ╣200 crore Correct Answer Incorrect Answer

    Solution

    Explanation: The MCGS provides a 60% guarantee for loans up to тВ╣100 crore to MSMEs for purchasing equipment and machinery.

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