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    Question

    The Indian government aims to extend how much additional

    credit via guarantees to micro and small enterprises under the CGTMSE scheme over the next two years?
    A ₹1 lakh crore Correct Answer Incorrect Answer
    B ₹3 lakh crore Correct Answer Incorrect Answer
    C ₹5 lakh crore Correct Answer Incorrect Answer
    D ₹7 lakh crore Correct Answer Incorrect Answer
    E ₹10 lakh crore Correct Answer Incorrect Answer

    Solution

    The Indian government plans to extend an additional ₹5 lakh crore in credit guarantees to micro and small enterprises over the next two years through the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). This move aims to support the formalization and growth of MSMEs.

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