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    Question

    Timely Working Capital Assistance to Revitalise

    Industries in Times of Corona Crisis (TWARIT) scheme aims to help Covid-hit MSMEs. This scheme is run by__________.
    A RBI Correct Answer Incorrect Answer
    B NABARD Correct Answer Incorrect Answer
    C SIDBI Correct Answer Incorrect Answer
    D National Credit Guarantee Trustee Company Ltd Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Solution- SIDBI has rolled out multiple measures to further support small businesses in the country amid Covid. It engaged in the promotion of MSMEs has lowered the interest rate for its existing customers of Timely Working Capital Assistance to Revitalise Industries in Times of Corona Crisis (TWARIT) scheme under ECLGS from 8.25 per cent to 6 per cent.

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