Credit to Micro, Small and Medium Enterprises

WhatsApp Channel Join Now
Telegram Group Join Now

11. Which type of enterprises are included under the micro-enterprise category?

a) Enterprises with investment up to Rs. 50 lakh

b) Enterprises with investment up to Rs. 1 crore

c) Enterprises with investment up to Rs. 5 crore

d) Enterprises with investment up to Rs. 10 crore

View Answer >

12. What is the interest rate applicable to loans availed by small enterprises under this scheme?

a) 7%

b) 9%

c) 11%

d) 13%

View Answer >

13. Which organization plays a key role in facilitating collateral-free credit to Micro, Small, and Medium Enterprises under this scheme?

a) National Small Industries Corporation (NSIC)

b) National Bank for Agriculture and Rural Development (NABARD)

c) Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)

d) Small Industries Development Bank of India (SIDBI)

View Answer >

14. What is the maximum loan tenure for small enterprises under this scheme?

a) 3 years

b) 5 years

c) 7 years

d) 10 years

View Answer >

15. Which type of enterprises are eligible for credit support under the medium enterprise category?

a) Enterprises with investment up to Rs. 5 crore

b) Enterprises with investment up to Rs. 10 crore

c) Enterprises with investment up to Rs. 20 crore

d) Enterprises with investment up to Rs. 50 crore

View Answer >
WhatsApp Channel Join Now
Telegram Group Join Now

Leave a Comment

telegram Join Telegram