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What is the main aim of the RAMP scheme?

To eliminate all forms of government intervention in MSME operations

To facilitate the promotion of large enterprises over MSMEs

To provide direct financial assistance to MSMEs

To enhance access to market and credit for MSMEs (correct)

Which of the following is not a component of the RAMP scheme?

Identification and mobilization of MSMEs

Preparation of Strategic Investment Plans (SIPs)

Addressing issues of delayed payments

Financial grants for MSMEs without conditions (correct)

What additional contribution is provided for MSMEs owned by Women/SC/ST in Northeast region?

No additional contribution

5% (correct)

15%

10%

Who heads the apex National MSME Council overseeing the RAMP scheme?

The Minister for MSME Signup and view all the answers

What is the total outlay for the RAMP scheme?

Rs. 6,062.45 crore Signup and view all the answers

What is the primary goal of the incubation component in the MSME scheme?

To promote untapped creativity and adoption of new technologies Signup and view all the answers

How much financial assistance can an MSME receive for plant and machine procurement under the scheme?

Up to Rs. 1 crore Signup and view all the answers

What is the purpose of the IPR component in the MSME scheme?

To improve the IP culture and enhance awareness of IPRs Signup and view all the answers

What is the maximum amount of credit a promoter can receive under the Credit Guarantee Scheme for Subordinate Debt?

Rs. 75 lakh or 15% of their stake, whichever is lower Signup and view all the answers

What is the guarantee coverage percentage provided under the Credit Guarantee Scheme for Subordinate Debt?

90% guarantee coverage Signup and view all the answers

Study Notes

SIDBI Grade A & B General Stream Content 2024-25

SIDBI Grade A & B General Stream Content for 2024-25 is provided.
The document is a table of contents for the course material.
The content outlines various topics related to MSME financing.

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Questions and Answers

What is the main aim of the RAMP scheme?

Which of the following is not a component of the RAMP scheme?

What additional contribution is provided for MSMEs owned by Women/SC/ST in Northeast region?

Who heads the apex National MSME Council overseeing the RAMP scheme?

What is the total outlay for the RAMP scheme?

What is the primary goal of the incubation component in the MSME scheme?

How much financial assistance can an MSME receive for plant and machine procurement under the scheme?

What is the purpose of the IPR component in the MSME scheme?

What is the maximum amount of credit a promoter can receive under the Credit Guarantee Scheme for Subordinate Debt?

What is the guarantee coverage percentage provided under the Credit Guarantee Scheme for Subordinate Debt?

Study Notes

SIDBI Grade A & B General Stream Content 2024-25

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