Financial Literacy - Quiz 2
Authored by Rakesh Kabra
Financial Education
9th Grade
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main objective of the Stand Up India scheme?
To facilitate bank loans between Rs. 10 lakh and Rs. 1 crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise.
To generate employment opportunities in both rural and urban areas for the MSMEs through setting up of new self-employment projects in the country.
To build a strong eco-system for nurturing innovation and Startups in the country.
To make MSMEs digitally empowered and motivate them to adopt Information and Communication (ICT) tools and applications in their production & business processes.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the PM SVANidhi scheme?
To set up a network of technology centers and incubation centers to accelerate entrepreneurship and promote innovation in the MSME sector.
To provide financial assistance to micro and small enterprises for availing a loan up to Rs. 200 lakh without any collateral or third-party guarantee.
To facilitate working capital loan up to Rs 10,000 to street vendors for sustaining and scaling up their businesses.
To provide collateral free loans up to Rs. 10 lakhs to non-corporate, non-farm small/micro enterprises.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Trade Receivables Discounting System (TReDS) designed for?
Setting up physical infrastructure with CFCs, raw material banks, and latest machines for traditional industry artisans.
Providing financial assistance to micro and small enterprises for availing a loan up to Rs. 200 lakh without any collateral or third-party guarantee.
Facilitating the financing/discounting of trade receivables of MSMEs through multiple financiers.
Generating employment opportunities in both rural and urban areas for the MSMEs through setting up of new self-employment projects.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the objective of the ASPIRE scheme?
To provide assistance and support to traditional industry artisans to promote cluster development and provide them sustainable employment.
To make MSMEs digitally empowered and motivate them to adopt Information and Communication (ICT) tools and applications in their production & business processes.
To facilitate loans starting from Rs. 10 lakh for MSME undertaking modernization, technology upgradation, or other projects.
To set up a network of technology centers and incubation centers to accelerate entrepreneurship and promote innovation in the MSME sector.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the Digital MSME scheme?
To make MSMEs digitally empowered and motivate them to adopt Information and Communication (ICT) tools and applications in their production & business processes.
To set up a network of technology centers and incubation centers to accelerate entrepreneurship and promote innovation in the MSME sector.
To provide collateral free loans up to Rs. 10 lakhs to non-corporate, non-farm small/micro enterprises.
To facilitate working capital loan up to Rs 10,000 to street vendors for sustaining and scaling up their businesses.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the objective of the PMEGP scheme?
To generate employment opportunities in both rural and urban areas for the MSMEs through setting up of new self-employment projects in the country.
To facilitate loans starting from Rs. 10 lakh for MSME undertaking modernization, technology upgradation, or other projects.
To set up a network of technology centers and incubation centers to accelerate entrepreneurship and promote innovation in the MSME sector.
To provide financial assistance to micro and small enterprises for availing a loan up to Rs. 200 lakh without any collateral or third-party guarantee.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the CGTMSE scheme?
To set up a network of technology centers and incubation centers to accelerate entrepreneurship and promote innovation in the MSME sector.
To reassure the lender that, in the event of a MSE unit failing to discharge its liabilities, the Guarantee Trust would make good the loss incurred by the lender.
To provide financial assistance to micro and small enterprises for availing a loan up to Rs. 200 lakh without any collateral or third-party guarantee.
To facilitate working capital loan up to Rs 10,000 to street vendors for sustaining and scaling up their businesses.
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