Answer-<p>What is true about CGTSME?&nbsp;</p>

Availability of bank loan without any collateral is a major requirement for boosting Entrepreneurship in India. Credit Guarantee Fund Trust for Micro and Small Enterprises CGTMSE is operationalized by SIDBI and the Government of India.

Question

What is true about CGTSME?

A Helps in providing hassle free credit to SME

B Maximum credit of Rs.1.0 Cr is eligible to be covered

C Private Banks are eligible for the scheme

D The scheme is available with selected RRBs (Regional Rural Banks) also

E All of the above

Practice Next

More Economy and Banking and Finance Static Concepts Questions

What was the total area of Sundarbans Tiger Reserve (STR) after its August 2025 expansion?
The Reserve Bank of India was set up on the basis of the recommendations of the ________ Commission.
What is a stale cheque?
The Headquarter of Bhartiya Mahila Bank (BMB) is situated at
Which of the following is not a type of ‘Time Deposit’?
What is a White Level ATM?
ALM stands for
The new increased authorised capital of NABARD is
Saikhom Mirabai Chanu is associated with which sport?
What is the current SLR rate ?

Relevant for Exams:

RBI Grade B
IBPS RRB Scale 2
SEBI Grade A
RBI Grade B DEPR
RBI Grade B DSIM
UPSC EPFO (APFC)
SEBI Grade A IT
UPSC

Hey! Ask a query

What is true about CGTSME?

Detailed Solution

More Economy and Banking and Finance Static Concepts Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login