MSME & MSDE Flashcards

1
Q

PM Vishwakarma was launched in? for how many years?

A

2023
For 5 years, till 2028

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2
Q

Aim of PM Vishwakarma is to:
1. improve quality of life
2. improve reach of products
3. ensure domestic & global value chain integration of artisans.

Which of the above are correct?

A

All 3

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3
Q

Who implements PM Vishwakarma?

A
  1. MoMSME
  2. Ministry of Skill Development & Entrepreneurship
  3. Ministry of Finance, Department of Fin Services
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4
Q

Components of PM Vishwakarma?

A
  1. Recognition through cerification and IDs
  2. Skill Upgradation
  3. Toolkit incentive
  4. Easy Credit Support
  5. Incentive for Digital transaction
  6. Marketing Support & Branding

R-STEIM

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5
Q

How many trades are supported in PM Vishwakarma?

A

18 trades

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6
Q

Total outlay of PM Vishwakarma?

A

Rs. 13,000 crore

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7
Q

Trances of credit support the vishwakarma’s will receive are? and the concessional rate of interest for that will be?

A

1st tranche - 1 lakh
2nd tranche - 2 lakh
Interest 5%

18 months & 30 months - security free loan

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8
Q

Toolkit incentive provided to VISHWAKARMAS?

A

Rs. 15,000

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9
Q

Time period of training provided in PM VIshwakarma?

A

Basic Training -> 5-7 days
Adv Training (optional) -> 15 days

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10
Q

Stipend provided during training in PM Vishwakarma?

A

Rs. 500 / day

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11
Q

Credit Guarantee Scheme for Micro & Small Enterprises (CGSMSE) changed ceiling limit for guarantee coverage?

A

increased from Rs. 2 crore - Rs. 5 crore

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12
Q

Credit Guarantee Scheme for Micro & Small Enterprises (CGSMSE) changed its rate ofannual guarantee fees?

A

Reduced from 0.75% to 0.35%

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13
Q

Credit Guarantee Scheme for Micro & Small Enterprises (CGSMSE) changed it’s threshold limit from?

A

inc from Rs. 5 lakh to Rs. 10 lakh
For waiver of legal action

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14
Q

Full form of SFURTI?

A

Scheme of Fund for Regeneration of Traditional Industries

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15
Q

SFuRTI was launched in?

A

2005

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16
Q

This Scheme aims to organise traditional artists into collective clusters for product development and diversification through value addition and to promote traditional sector

A

SFuRTI

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17
Q

Full form of ASPIRE?

A

A Scheme for Promotion of Innovation, Rural Industry and Entrepreneurship

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18
Q

What are the 2 components of ASPIRE?

A
  1. Livelihood Based Incubator - skilling of unemployed/self-employed
  2. Aspire Fund of Funds - by SEBI (1988)
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19
Q

The Public Procurement Policy for MSME Order 2012, mandates how much of annual procurement from MSME?

A

25% annual procurement from MSME, out of which,
1. 4% from SC/ST owned
2. 3% from women owned

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20
Q

Full form of MSME CHAMPION?

A

Creation & Harmonious Application of Modern Processes for Increasing the Output and National Strength

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21
Q

Full form of NSSH? under Ministry of?

A

National SC/ST Hub
MoMSME

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22
Q

Mandate by CPSE laid down in the Central Government Public Procurement Policy to procure ____% from SC/STs

A

4%

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23
Q

3 sub-components of RAMP scheme (2022)

A
  1. MSE GiFT (Green investment & Financing for Transformation)
  2. MSE SPICE (Scheme for promotion of investment in Circular Economy)
  3. MSE scheme on online dispute resolution
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24
Q

National Small Industries Corporation (NSIC) is located in?

A

Delhi

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25
Mahatma Gandhi Institute for Rural Industrialisation (MGIRI) is located in
Maharashtra, Warda
26
National Institute for MSME (NIMSME) is located in?
Hyderabad
27
Full form of RAMP
Raising & Accelerating MSME Productivity
28
Which is not an Aim of RAMP scheme? 1. Strengthening institutions 2. Improving access to MSME 3. Strengthening governance 4. Improving Centre State Linkage 5. Facilitate Branding
5
29
Outlay of RAMP scheme?
Rs. 6062.45 crore
30
MSME ____ is a Public Procurement Policy Monitoring Portal, sharing factsheets about public procurement by CPSEs
MSME SAMBANDH
31
MSME SAMBANDH was launched in?
2017 | to promote timely payments to MSMEs
32
Internationl Cooperation Scheme is by?
MoMSME
33
Udyam Assist Platform was launched by Mo___ and is implemented by ____ | 2023
MoMSME SIDBI
34
MoMSME has launched MSME ____ with an outlay of Rs. 277.3 crore for promotion of digitalisation of trade and commerce in MSMEs
MSME TEAM
35
full form of MSME TEAM?
Trade Enablement and Marketing Initiative | Integrates MSEs with ONDC
36
MSME TEAM is set to run for ____ to ____?
2024 - 2027 | to help 5L MSEs including 2.5L women owned MSEs
37
MoMSMEs Rs. 277 crore MSME TEAM is set to help ____ businesses join ONDC
5L businesses | including 2.5L women owned MSEs in **3 yrs**
38
MSME TEAM is being launched in collab with? It is a part of scheme?
ONDC (2021) RAMP (2022) | RAMP - World Bank Assisted Central Sector Scheme
39
Duration of central sector scheme RAMP?
2022-23 to 2026-27 | 5 yrs
40
Mutual CGS-MSME scheme aims to provide ___% gurantee coverage by ___ to MLI for credit facility upto Rs. ____ for machinery & equipment | Member Lending Institutions
**60%** guarantee by NCGTC for credit upto **Rs. 100 crore** | National Credit Guarantee Trustee Company Ltd
41
In MCGS-MSME, borrowers should be an MSME with valid ____
Udyam Registration Number
42
In MCGS-MSME, min cost of equipment should be ___% of project cost | For Borrowers
75%
43
Manufacturing sector currently comprises __% of the nations GDP
17% | MCGS-MSMSE expects to promote Make in India thru access to credit
44
Yasasvini Campaign launched in Udyami Bharat intends to achieve?
Gender Parity by 2029 in Udyam & Udyam Assist portals
45
Yasasvini Campaign was launched by?
WEP of NITI Aayog & MoRD
46
Honey Mission is by?
KVIC | MoMSME
47
National Bee & Honey Mission is by?
MoAFW
48
DigiReady Certification Portal (DRC) is meticulously designed to facilitate a streamlined seller (MSMEs) journey into digitized workflow. It is by?
Min of Commerce & Industry
49
ONDC was Launched in? By?
2021 DPIIT, Min of Commerce
50
Who is tasked with integrating e-commerce platforms through this open source tech network allowing users to modify, enhance or improve the original code in ONDC
QCI | MoC - 1997
51
Fullform of CREATE. Where is it set up?
Centre for Rural Enterprise Acceleration through technology | In Leh
52
NSSH is implemented by?
National Small Industries Corporation (NSIC) | under MoMSME
53
A scheme to build capacity of MSME so as to enter the export market by participating in international fairs and organic conference meets
International Cooperation Scheme
54
The largest skilling organisation in the country which facilitates the settlement of atleast 1 employment opportunity in the organised sector to every rural poor household with unemployed youth
SEEDAP | 18-35 yrs
55
Which state accounts for the highest number of PM Vishwakarma registration since its launch?
Karnataka
56
Under Credit Guarantee Scheme MSE, Collateral free loans are provided to MSEs upto Rs. ____ with a guarantee of ____ for various categories?
Rs. 500 lakh 85%
57
ASPIRE scheme is under ministry of?
MSME
58
PM MITRA fullform?
PM Mega Integrated Textile Regions & Apparel
59
PM MITRA launched in? Will continue till?
2021-22 to 2027-28
60
Incentives provided in PM MITRA
Development Capital Support Competitive Incentive Support
61
For eligibility in PM MITRA land parcels need to be ____ acres
1,000 acres
62
Who implements PM MITRA?
Special Purpose Vehicle | SPV
63
PM MITRA outlay for 7 yrs
Rs. 4445 crore
64
Which SDG does PM Mitra aim for?
SDG 9
65
In how many location will PM MITRA parks be set up? Where?
7 locations: 1. MP 2. UP 3. TN 4. Karnataka 5. Telangana 6. Maha 7. Gujarat