BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A performance and credit rating scheme has been launched by the MSME Ministry to assess creditworthiness and capabilities of industries in the sector. What is it called?
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Zero Defect Zero Effect Certification
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Performance and Economy Rating Scheme
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Performance and Credit Rating Scheme
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None of the above
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Explanation:
Detailed explanation-1: -The rating of MSE under the PCR Scheme is being carried out through empanelled rating agencies. Micro & Small enterprises have the liberty to select any of the rating agencies. The following are the Ministry approved rating agencies: Investment Information and Credit Rating Agency of India Limited (ICRA)
Detailed explanation-2: -Performance and Economy Rating Scheme.
Detailed explanation-3: -Performance & Credit Rating Scheme was formulated in. consultation with Industry Associations, Indian Banks’ Association (IBA) and Rating Agencies, with the objective of. creating awareness amongst Small Scale Units (now known. as micro & small enterprises) about the strengths and.
There is 1 question to complete.