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  9. Q53

NABARD Grade A (Assistant Manager) 2023 · Question 53 of 196

Under credit guarantee scheme for micro and small enterprises, the limit on ceiling for guarantees has been enhanced from Rs. 2 crore to -

CGTMSE ceiling

  1. A2.5 Cr
  2. B5 CrCorrect
  3. C10 Cr
  4. D25 Cr
  5. E50 Cr

Answer: B. 5 Cr

Explanation

The limit on ceiling for guarantees has been enhanced from Rs. 2 crore to Rs. 5 crore. This will reduce the overall cost of credit to the Micro & Small Enterprises to a great extent.

Source: Memory Based Paper NABARD Grade A 2023 - Phase I Shift II (ixamBee) · memory-based

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