MCQ
ECLGS 5.0 credit guarantees MCQ - Practice Questions with Answers
Solve 1 ECLGS 5.0 credit guarantees questions for RAS/RPSC preparation.
Practice questions
Q1With reference to ECLGS 5.0, consider the following statements: 1. It is implemented by the National Credit Guarantee Trustee Company. 2. By 20 August 2026, MSMEs accounted for 97.3% of the guarantees issued under the scheme. Which of the statements given above is/are correct?
Explanation
ECLGS 5.0 is implemented by the National Credit Guarantee Trustee Company. By 20 August 2026, 6,73,979 guarantees covering ₹2,50,024 crore had been issued, and MSMEs accounted for 97.3% of guarantees and 80.79% of the amount. Hence both statements are correct.
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