70th B.P.S.C. Re-Exam (Pre) 2024
What is the full form of C.G.T.M.S.E.?
aCredit Guarantee Fund Trust for Macro and Small Enterprises
bCredit Guarantee Fund Trust for Medium and Small Enterprises
cCredit Guarantee Fund Trust for Micro and Medium Enterprises
dCredit Guarantee Fund Trust for Micro and Small Enterprises✓ Correct
Explanation
The full form of C.G.T.M.S.E. is Credit Guarantee Fund Trust for Micro and Small Enterprises. The Ministry of Micro, Small and Medium Enterprises, Government of India, started a credit guarantee scheme to strengthen the credit delivery system and to facilitate credit flow to the micro and small enterprises sector. To implement this scheme, the Government of India and SIDBI established C.G.T.M.S.E. to provide credit guarantee for micro and small enterprises. (344) ## Page 43
economic-social-development