MSME Loan Policies and Repayment Norms Quiz
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Questions and Answers

What type of repayment can the Sanctioning Authority approve for MSME Borrowers?

  • EMI based repayment (correct)
  • Installment repayment
  • Bullet repayment
  • Balloon repayment

    • Under which scheme is the collateral security mandatory for MSME Borrowers with exposure above Rs.10.00 lakh to Rs.100 lakh?

  • Mudra Loans
  • Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
  • Credit Guarantee Scheme for Stand Up India (CGSSI) (correct)
  • Credit Guarantee Fund for Micro Units (CGFMU)

    • Where are the detailed guidelines for credit appraisal benchmark ratios provided?

  • Chapter 7 'Loan Policy 2023-24'
  • Chapter 10 'Security, Insurance & Benchmark Ratios' (correct)
  • Chapter 3 'Credit Appraisal and Risk Assessment'
  • Chapter 5 'MSME Borrowers Repayment Norms'

    • What is the minimum collateral cover based on for MSME Borrowers with exposure up to Rs.10.00 lakh?

    <p>Mudra Loans</p> Signup and view all the answers

    In what situation is the unsecured exposure beyond the collateral coverage applicable for MSME Borrowers?

    <p>When collateral security up to 75% of the exposure is available</p> Signup and view all the answers

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