Question 39
MediumOriginal questionUnder ECLGS 5.0, what share of an MSME's additional credit is guaranteed?
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
MSMEs get a 100 per cent guarantee; non-MSMEs and airlines get 90 per cent.
20 per cent is the limit on extra credit as a share of peak working capital.
- Concept
- Guarantee under ECLGS 5.0
- Typical timeTypical
- 50 s
- Your timeYours
- —
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