CGTMSE stands for _______ A. Central Government Fund Trust for Medium and Small Enterprises B. Central Government Fund Transfer fund for Medium and Small Enterprises C. Central Government Fund for Medium Size Enterprises D. Credit Guarantee Fund Trust for Micro and Small Enterprises E. None of the Above

CGTMSE stands for _______ A. Central Government Fund Trust for Medium and Small Enterprises B. Central Government Fund Transfer fund for Medium and Small Enterprises C. Central Government Fund for Medium Size Enterprises D. Credit Guarantee Fund Trust for Micro and Small Enterprises E. None of the Above
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D. Credit Guarantee Fund Trust for Micro and Small Enterprises Explanation: Government of India and SIDBI set up the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). The main objective is that the lender should give importance to project viability and secure the credit facility purely on the primary security of the assets financed. The other objective is that the lender availing guarantee facility should endeavor to give composite credit to the borrowers so that the borrowers obtain both term loan and working capital facilities from a single agency.
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