What is the maximum CGTMSE guarantee cover for Micro & Small Enterprises under the latest update?
A₹5 Cr
B₹7 Cr
C₹10 Cr
D₹20 Cr
Answer:
C. ₹10 Cr
Read Explanation:
The CGTMSE guarantee cover for Micro & Small Enterprises has been doubled from ₹5 Cr to ₹10 Cr, making collateral-free loans easier to access. For startups, it is up to ₹20 Cr.