Question

    Under credit guarantee scheme for micro and small enterprises, The limit on ceiling for guarantees has been enhanced from Rs. 2 crore to —

    A 2.5 Cr Correct Answer Incorrect Answer
    B 5 Cr Correct Answer Incorrect Answer
    C 10 Cr Correct Answer Incorrect Answer
    D 25 Cr Correct Answer Incorrect Answer
    E 50 Cr Correct Answer Incorrect Answer

    Solution

    This will reduce the overall cost of credit to the Micro & Small Enterprises to a great extent. The limit on ceiling for guarantees has been enhanced from Rs. 2 crore to Rs. 5 crore.

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