Question

    What is a unique feature of the " Ubharte Sitaare "

    project funding product for export-oriented MSMEs?
    A Loans up to 100% of the project cost for export-oriented MSMEs. Correct Answer Incorrect Answer
    B Exclusive funding for domestic market expansion. Correct Answer Incorrect Answer
    C Joint financing option available with EXIM Bank. Correct Answer Incorrect Answer
    D Preference given only to new units without promoter experience. Correct Answer Incorrect Answer
    E No technical assistance or mentorship support provided. Correct Answer Incorrect Answer

    Solution

    The " Ubharte Sitaare " project funding product is tailored for export-oriented MSMEs to support modernization, diversification into new products, technology upgrades, and R&D. One of its standout features is the availability of joint financing with the EXIM Bank. Additional benefits include technical assistance for mentorship and equity support, performance-linked interest incentives, and foreign currency term loans. Eligibility extends to both new and existing export-focused units with strong fundamentals and strategic plans for international market entry, provided there are no defaults to banks or financial institutions.  

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