Current Affairs · Government Schemes
Consider the following statements regarding the Digital Credit Assessment Model for MSMEs: 1. It allows public sector banks to evaluate MSME loan proposals without relying on external credit assessments. 2. It uses Account Aggregator frameworks and GST APIs to gather financial data. 3. The final loan sanction process under this model takes no more than three working days. Which of the above statements is/are correct?
- 11, 2, and 3
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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