Credit to Micro, Small and Medium Enterprises

WhatsApp Channel Join Now
Telegram Group Join Now

36. Which type of enterprises are eligible for credit support under the Artisan Credit Card scheme?

a) Micro enterprises engaged in the artisan sector

b) Small enterprises engaged in the artisan sector

c) Medium enterprises engaged in the artisan sector

d) All of the above

View Answer >

37. What is the maximum loan tenure for medium enterprises under this scheme?

a) 3 years

b) 5 years

c) 7 years

d) 10 years

View Answer >

38. Which term refers to loans given to Micro, Small and Medium Enterprises for the purchase of machinery, equipment, or vehicles?

a) Working capital loans

b) Term loans

c) Export credit

d) Asset finance

View Answer >

39. Who is responsible for setting up the Credit Guarantee Fund for Micro and Small Enterprises (CGFMSE)?

a) SIDBI

b) NABARD

c) RBI

d) Ministry of Micro, Small and Medium Enterprises

View Answer >

40. What is the maximum interest rate charged on loans availed by Khadi and Village Industries enterprises under this scheme?

a) 5%

b) 7%

c) 9%

d) 11%

View Answer >

WhatsApp Channel Join Now
Telegram Group Join Now
                                                   

Leave a Comment

telegram Join Telegram
Join Now Join Now