BANK MP Cooperative Bank Clerk and Committee Manager Mock Test Current Affairs Government Policies and Schemes
Which of the following statements is/are correct with respect to the Credit Guarantee Scheme for Startups (CGSS)?
1. This scheme would help provide much-needed collateral-free debt funding to startups.
2. The exposure to individual cases would be capped at Rs. 100 crore per case or the actual outstanding credit amount, whichever is less.
3. The credit guarantee cover under the scheme would be transaction-based and umbrella based.
1
Only 2 and 3
2
Only 1 and 3
3
Only 1 and 2
4
Only 1
5
All 1, 2 and 3