Banking Awareness Financial Awareness & Current Affairs for IBPS PO CLERK RBI AND All Other banks Questions with Answers

26) SIDBI Foundation for Micro Credit (SFMC) was launched by SIDBI in ____ for channelizing funds to the poor in line with the success of pilot phase of Micro Credit Scheme.
a) January 1999
b) 2000
c) 2001
d) 2004
e) None of these

View Answer
a) January 1999

27) Through whom Global Environment Facility (GEF) and the World Bank are implementing a new initiative on financing Energy Efficiency (EE) in MSME Clusters in India to improve EE and reduce Green House Gas (GHG) emissions from MSMEs utilizing increased commercial financing for EE ?
a) Federal Bank
b) SIDBI and BEE
c) NHB d) NABARD
e) None of these

View Answer
b) SIDBI and BEE

28) Micro, Small and Medium enterprises (MSME) sectorcontributes around 45 percent to manufacturing output and about ___ percent of exports (directly and indirectly).
a) 20
b) 40
c) 5
d) 15
e) None of these

View Answer
b) 40

29) CGTMSE (Credit Guaranee Fund Trust for Micro and Small Enterprises )was set up in 2000 by Ministry of Micro, Small and Medium Enterprises, Government of India (GoI) and SIDBI with a committed corpus of INR _____ crore to facilitate credit guarantee support to collateral free / third-party guarantee-free loans to the Micro and Small enterprises, who are generally considered to be a high risk lending, especially in the absence of collateral.
a) 500
b) 2500
c) 200
d) 300
e) None of these

View Answer
b) 2500

30) CGTMSE introduced the Credit Guarantee Scheme (CGS) for Micro and Small Enterprises (MSEs) which guarantees credit facilities up to INR ____ lakh on automated digital platform, extended by Member Lending Institutions (MLIs) to those MSE loans, which are not backed by collateral security and / or third-party guarantees.
a) 200
b) 50
c) 20
d) 30
e) None of these

View Answer
a) 200
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