Full Form of CGTMSE

CMAT 2022 · Innovation & Entrepreneurship · Medium · Government Schemes

Please provide the full form for CGTMSE, a scheme meant for Micro and Small Enterprises:

  1. A.

    Credit Guarantee Trust for Micro and Small Enterprises

  2. B.

    Credit Guarantee Fund Trust for Micro and Small Enterprises

  3. C.

    Credit Guarantee Fund towards Micro and Small Enterprises

  4. D.

    Collateral Guarantee Trust for Micro and Small Enterprises

Answer

B

Explanation

CGTMSE stands for Credit Guarantee Fund Trust for Micro and Small Enterprises, established by the Ministry of MSME and SIDBI to provide collateral-free credit to MSMEs.

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