MSME Development Programs — Prelims Questions

Consider the following statements about the Emergency Credit Line Guarantee Scheme (ECLGS): 1. It provides 100% government guarantee on loans to MSMEs 2. The maximum loan amount under ECLGS is limited to ₹10 lakh 3. The scheme was launched as a response to COVID-19 pandemic 4. Only scheduled commercial banks can participate in ECLGS Which of the statements given above are correct?

Which of the following correctly describes the three categories under Pradhan Mantri MUDRA Yojana?

Consider the following about the revised MSME definition implemented in 2020: 1. It introduced composite criteria of investment and turnover 2. It increased the investment limits for all categories 3. It removed the distinction between manufacturing and service sectors 4. It was implemented through an amendment to the MSMED Act 2006 Which of the statements given above are correct?

Which of the following institutions is primarily responsible for implementing the Stand Up India scheme?

The Technology Upgradation Fund Scheme (TUFS) primarily benefits which sector?