Practice Government Schemes for MSMEs - 10 | 3. Business Size and Finance | ICSE 12 Business Studies
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Government Schemes for MSMEs

10 - Government Schemes for MSMEs

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What does MUDRA stand for?

💡 Hint: Think about the focus on micro financing.

Question 2 Easy

Name one benefit of the Credit Guarantee Fund Scheme.

💡 Hint: What does the word 'guarantee' suggest?

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the primary purpose of the MUDRA Loans?

To guarantee loans for MSMEs
To provide loans to micro enterprises
To fund large corporates

💡 Hint: Focus on the target audience of the loans.

Question 2

True or False: The Credit Guarantee Fund Scheme increases the risk for banks providing loans to MSMEs.

True
False

💡 Hint: Think about what 'guarantee' implies.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Discuss the long-term economic effects of government-supported MSME strengths on national employment rates.

💡 Hint: Consider the multiplier effect of small businesses.

Challenge 2 Hard

Evaluate how access to government schemes affects the entrepreneurial mindset in young adults in India.

💡 Hint: Think about what resources provide motivation and reassurance.

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Reference links

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