Economics · MSME Financing
With reference to industrial credit and MSME financing, consider the following statements: 1. Priority Sector Lending (PSL) guidelines mandate a specific percentage of Adjusted Net Bank Credit to MSMEs. 2. MSME classification is based solely on annual turnover. 3. MSME investment and turnover thresholds determine eligibility for various credit-linked schemes. 4. Delayed payments to MSMEs attract statutory interest provisions under relevant legislation. Which of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 3 and 4 only✓
- 21 and 2 only
- 32 and 3 only
- 41, 2 and 4 only
Correct answer
1, 3 and 4 only
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