Current Affairs · Government Schemes & MSME Policies
Regarding collateral-free lending norms under the Prime Minister Employment Generation Programme (PMEGP), which of the following statements is/are correct? 1. Khadi and Village Industries Commission (KVIC) acts as the single national nodal agency for implementation. 2. Banks have been advised to extend collateral-free loans up to ₹20 lakh for units financed under PMEGP. 3. The PMEGP collateral-free limit is automatically raised to ₹50 lakh for all service sector units. 4. Only micro-enterprises with existing exports qualify for collateral-free PMEGP loans.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11 and 3 only
- 21 and 2 only✓
- 32 and 4 only
- 42 only
Correct answer
1 and 2 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Government Schemes & MSME Policies MCQs →Want more practice questions on Government Schemes & MSME Policies?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Government Schemes & MSME Policies