πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    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.

    Practice Next
    More Previous Year Paper Questions
    ask-question