Current Affairs · Government Schemes and Economy
Under the Mutual Credit Guarantee Scheme for Micro, Small and Medium Enterprises (MCGS-MSME), which organisation has been designated to provide a 60% guarantee cover on eligible loans?
- 1IFCI (Industrial Finance Corporation of India)
- 2NCGTC (National Credit Guarantee Trustee Company Ltd.)✓
- 3NABARD (National Bank for Agriculture and Rural Development)
- 4SIDBI (Small Industries Development Bank of India)
Correct answer
NCGTC (National Credit Guarantee Trustee Company Ltd.)
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