Question
Which of the following statements about Member Lending
Institutions (MLIs) under CGTMSE’s Credit Guarantee Scheme–I (CGS‑I) is MOST accurate?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.
Who is the author of the novel 'God of small things'?
What is the height of the Statue of Unity that is located in Gujarat?
Which company has won 5g spectrum?
What is India's rank in the Environmental Performance Index (EPI)?
Greening and Restoration of Wasteland with Agroforestry was launched by the
Zero Effect Zero Defect Scheme related to?
Which of the follwoing statement is correct?
(i) Ahmad Shah Abdali fought the third battle of Panipat.
(ii) Babur established the Delh...
Which ports belong to the western coast of India?
Which one of the following was an important contributing factor in the rise of Magadha as the most powerful Mahajanapada between the Sixth and the Fourt...
In which country can one witness the green aurora (Northern Lights)?