Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1042)
1042.
Who launched the Credit Guarantee Scheme for Sub-ordinate debt which is also called the "Distressed Assets Fund-Sub-ordinate Debt for MSMEs" to provide Rs 20000 crore guarantee cover to two lakh MSMEs?
Raj Nath Singh
Nitin Gadkari
Harsimrat Kaur Badal
Amit Shah
Answer: Option
Explanation:
Nitin Gadkari(Minister of Micro Small and Medium Enterprises) launched the Credit Guarantee Scheme for Sub-ordinate debt(CGSSD) which is also called the "Distressed Assets Fund-Sub-ordinate Debt for MSMEs" to provide Rs 20000 crore guarantee cover to two lakh MSMEs.
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