Current Affairs · Government Schemes
Consider the following statements regarding the Revised Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME): I. The scheme is implemented by the Small Industries Development Bank of India (SIDBI). II. Only manufacturing MSMEs are eligible under the scheme, and service sector enterprises are excluded. III. The guarantee coverage under the scheme is 100% of the loan amount sanctioned to MSMEs. How many of the above statements are correct?
- 1Only one
- 2Only two
- 3All three
- 4None✓
Correct answer
None
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