Economics · Government Schemes

With reference to the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme, consider the following statements: I. The scheme aims to improve access to finance for MSMEs by enabling collateral-free lending through credit guarantees to lending institutions. II. It extends a high percentage of guarantee cover for eligible loans raised for investment in plant, machinery or equipment, subject to an upper loan-size limit. III. The repayment structure under the scheme mandates a fixed overall tenure with an initial moratorium period for all covered loans. Which of the statements given above is/are correct?