Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1256)
1256.
Who Extends the Credit Guarantee Scheme to Large Firms & Self Employed?
State Govrernment
RBI
Central Government
None of these
Answer: Option
Explanation:
On 8th August 2020, Finance Minister Nirmala Sitharaman announced that the Central Government have extended its Emergency Credit Line Guarantee Scheme (ECLGS), credit guarantee scheme for the micro, small and medium enterprises(MSME), to cover the loans given to the large firms, self-employed professionals and people who have taken a loan for business purpose.
Discussion:
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