What is the name of the guarantee scheme under PRADHAN MANTRI MUDRA YOJANA PMMY ........

Current GK (IBPS-CL) Money Supply and Monetary Policy

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What is the name of the guarantee scheme under PRADHAN MANTRI MUDRA YOJANA (PMMY)?

CGFMU

CGTMSE

CGMSE

CGMTF

NCGTC

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Explanation:

CGTMSE (Credit guarantee fund Trust for Micro and Small Enterprise) is a loan scheme launched by the government to help small and micro business entrepreneurs flourish. The scheme is aimed at offering assistance to business enterprises via different banks and financial institutions in the country. It offers with required financial assistance from 5 lakhs to 65 lakhs for micro and small enterprises for establishing their business.