MCQ
ECLGS 5.0 MCQ - Practice Questions with Answers
Solve 1 ECLGS 5.0 questions for RAS/RPSC preparation.
Practice questions
Q1Consider the following statements regarding ECLGS 5.0 (data as of 9 June 2026): 1. The MSME sector accounts for 96% of the guarantees by number. 2. Private Sector Banks account for 96% of the guarantees issued. Which of the statements given above is/are correct?
Explanation
Statement 1 is correct: the MSME sector accounts for 96% of guarantees by number (and 86% by value) under ECLGS 5.0 as of 9 June 2026. Statement 2 is incorrect: it is the Public Sector Banks, not Private Sector Banks, that account for 96% of the guarantees issued. The scheme had crossed one lakh guarantees (1,06,549) totalling Rs 48,484.26 crore.
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