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    Question

    Which state government has launched the Credit Guarantee

    Scheme this year to enable small businesses in the state to access formal credit without collateral┬а & has partnered with Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), jointly set up by the MSME Ministry and Small Industries Development Bank of India (SIDBI), to increase the flow of institutional credit to micro and small enterprises (MSEs)?
    A Assam Correct Answer Incorrect Answer
    B Tamil Nadu Correct Answer Incorrect Answer
    C Maharashtra Correct Answer Incorrect Answer
    D Andhra Pradesh Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Assam government has launched the Assam Credit Guarantee Scheme (Assam CGS, or ACGS) this year to enable small businesses in the state to access formal credit without collateral. The state government has partnered with Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), jointly set up by the MSME Ministry and Small Industries Development Bank of India (SIDBI), to increase the flow of institutional credit to micro and small enterprises (MSEs) in the state.

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