6. The Credit to Micro, Small and Medium Enterprises scheme provides credit support for which purpose?
a) Purchase of land
b) Infrastructure development
c) Working capital requirements
d) Debt consolidation
7. Can a borrower avail multiple loans under this scheme?
a) Yes, there is no limit on the number of loans that can be availed
b) No, only one loan can be availed per enterprise
c) Yes, but the total loan amount cannot exceed Rs. 5 lakh
d) No, the borrower must repay the existing loan before availing a new one
8. What is the repayment period for loans availed under this scheme?
a) 1 year
b) 3 years
c) 5 years
d) 7 years
9. Which document is required to be submitted while applying for a loan under this scheme?
a) Income tax returns of the last 5 years
b) Business plan
c) Identity proof of the borrower
d) Audited financial statements of the enterprise for the last 3 years
10. What is the maximum age of the borrower allowed under this scheme?
a) 45 years
b) 50 years
c) 55 years
d) 60 years
