Question

What is the key feature of the Mutual Credit Guarantee

Scheme (MCGS) for MSMEs launched by the Finance Ministry?

A It allows MSMEs to obtain loans up to ₹100 crore without collateral

B It provides direct subsidies to MSMEs for infrastructure development

C It reduces the interest rates on existing MSME loans

D It replaces all previous MSME financing schemes

E It offers tax exemptions for MSMEs investing in technology

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