Challenger App

No.1 PSC Learning App

1M+ Downloads
Which MSME scheme provides subsidy-based funding for new micro industries?

AStand-Up India

BPMEGP

CMUDRA

DCGTMSE

Answer:

B. PMEGP

Read Explanation:

PMEGP (Prime Minister Employment Generation Programme) provides subsidies plus loans to start new micro industries, e.g., a carpenter starting a workshop.


Related Questions:

Who is the chief executive of the Reserve Bank of India (RBI)?
The Banking Laws (Amendment) Act, 1968 aimed to:
The term “Unofficial Directors” in RBI refers to:
The Banking Laws (Amendment) Act, 1968 came into force on:
If a business has investment ₹30 Cr and turnover ₹90 Cr, what will its MSME classification be?