Banking · Credit Guarantee Schemes
Under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme, what is the extent of guarantee coverage provided to eligible lending institutions for credit facilities provided to Micro Enterprises?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 125% coverage, applicable only for imported machinery loans.
- 2100% coverage for all Micro Enterprise loans.
- 3Up to 85% coverage for micro enterprises for loans up to specified limits, subject to scheme guidelines.✓
- 450% coverage for the amount in default, irrespective of loan size.
Correct answer
Up to 85% coverage for micro enterprises for loans up to specified limits, subject to scheme guidelines.
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 Banking?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Credit Guarantee Schemes MCQs →Want more practice questions on Credit Guarantee Schemes?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Banking · Credit Guarantee Schemes