Which of the following statements about Member Lending

Solution

Under CGTMSE’s first scheme, CGS‑I, only the MLIs registered under CGS‑I are eligible to give guarantee‑backed loans ([cgtmse.in][1]). NBFCs fall under CGS‑II (Credit Guarantee Scheme for NBFCs), which is a separate scheme and does not make them eligible under CGS‑I ([cgtmse.in][1]). Option A is wrong because NBFCs are not included in CGS‑I unless registered under a different scheme. Option B is too restrictive—it omits banks under CGS‑I beyond public/regional rural banks. Option C combines CGS‑I and CGS‑II institutions, which is incorrect. Option E is incorrect because only direct registration under CGS‑I qualifies; mere partnerships don’t confer eligibility.