2020
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Who is the head of committee to solve the difficulties faced in the implementation of Rs.3 Lakh crore collateral-free loan for MSME announced by Finance Minister Nirmala Sitharaman?
|
|
Krishan Pal
|
|
|
Arjun Ram
|
|
|
Rajnath Singh
|
|
|
Piyush Goyal
|
Explanation:
Detailed explanation-1: -It is the apex executive body for the formulation and administration of rules, regulations and laws relating to micro, small and medium enterprises in India. The Minister of Micro, Small and Medium Enterprises is Narayan Rane.
Detailed explanation-2: -Lack of Confidence in Providing MSME funding Banks usually adopt strict eligibility and approval criteria to provide MSME loans because of this confidence crisis. Because MSMEs may not have a credit history, they are considered to be high-risk; They consider such loans a high cost to their business.
There is 1 question to complete.