Question

    Which of the following initiatives for the MSME sector

    was launched before 2020?
    A Udyam Portal Correct Answer Incorrect Answer
    B Raising and Accelerating MSME Performance (RAMP) Scheme Correct Answer Incorrect Answer
    C Credit Guarantee Scheme for Subordinate Debt Correct Answer Incorrect Answer
    D Emergency Credit Line Guarantee Scheme (ECLGS) Correct Answer Incorrect Answer
    E TReDS (Trade Receivables Discounting System) Correct Answer Incorrect Answer

    Solution

    TReDS was launched in 2014 to enable MSMEs to finance their trade receivables through a digital platform, improving liquidity and ease of doing business. The other options were launched post-2020 as part of COVID-19 recovery and MSME support packages.

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