Economics · Economy

Which of the following is NOT a core component or feature of the Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS)?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Encourages preferential and highly subsidized lending primarily to large-scale heavy industries✓
2Enables eligible lenders to extend credit without third-party guarantees
3Offers credit guarantee cover for loans up to a specified threshold
4Provides collateral-free credit facilities to eligible MSMEs

Correct answer

Encourages preferential and highly subsidized lending primarily to large-scale heavy industries

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