
MSME Quiz

Quiz
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Other
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Professional Development
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Medium
Abinash behera
Used 9+ times
FREE Resource
45 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which among the following is/are not the recommendation/s of the Prime Minister's Task Force on MSMEs?
a. Achieve a 20% year-on-year growth in credit to Micro and Small Enterprises
b. Achieve a 15% year-on-year growth in credit to Micro Enterprises
c. Achieve 10% annual growth in the number of Micro Enterprise accounts.
d. 60% of the total advances to Micro and Small Enterprises sector as on preceding March 31st should go to Micro Enterprises
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To avoid delayed Payment by corporate to Small Scale and Ancillary Industrial
Undertakings, in no case, the period agreed upon between the supplier and the buyer shall not exceed_________from the date of acceptance or the day of deemed acceptance.
a.45 days
b.60 days
c.90 days
d.180 days
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the maximum extent of guarantee (CGTMSE) coverage available to Micro Enterprises, where credit facility is above ₹ 5 lakh & up to ₹ 50 lakhs
a. 85% of the amount in default subject to a maximum of ₹ 4.25 lakh
b.75% of the amount in default subject to a maximum of ₹ 37.50 lakh
c.80% of the amount in default subject to a maximum of ₹ 40 lakh
d. 50% of the amount in default subject to a maximum of ₹ 50 lakh
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Obtention of mandatory CGTMSE Cover can be waived for loans above Rs.10 lakhs upto Rs.500 lakhs, when the borrower provides primary security or primary and collateral security put together in the form of land and building/ approved securities with a minimum value of _____ of the sanctioned limit, in addition to the security of assets created out of Bank’s finance.
a.50%
b.75%
c.100%
d.125%
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