PM Vishwakarma & MSME 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

20
Q

Full form of MSME CHAMPION?

A

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

21
Q

Full form of NSSH? under Ministry of?

A

National SC/ST Hub
MoMSME

22
Q

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

A

4%

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
24
Q

National Small Industries Corporation (NSIC) is located in?

A

Delhi

25
Q

Mahatma Gandhi Institute for Rural Industrialisation (MGIRI) is located in

A

Maharashtra, Warda

26
Q

National Institute for MSME (NIMSME) is located in?

A

Hyderabad

27
Q

Full form of RAMP

A

Raising & Accelerating MSME Productivity

28
Q

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

A

5

29
Q

Outlay of RAMP scheme?

A

Rs. 6062.45 crore

30
Q

MSME ____ is a Public Procurement Policy Monitoring Portal, sharing factsheets about public procurement by CPSEs

A

MSME SAMBANDH

31
Q

MSME SAMBANDH was launched in?

A

2017

to promote timely payments to MSMEs

32
Q

Internationl Cooperation Scheme is by?

A

MoMSME

33
Q

Udyam Assist Platform was launched by Mo___ and is implemented by ____

2023

A

MoMSME
SIDBI

34
Q

MoMSME has launched MSME ____ with an outlay of Rs. 277.3 crore for promotion of digitalisation of trade and commerce in MSMEs

A

MSME TEAM

35
Q

full form of MSME TEAM?

A

Trade Enablement and Marketing Initiative

Integrates MSEs with ONDC

36
Q

MSME TEAM is set to run for ____ to ____?

A

2024 - 2027

to help 5L MSEs including 2.5L women owned MSEs

37
Q

Yasasvini Campaign launched in Udyami Bharat intends to achieve?

A

Gender Parity by 2029
in Udyam & Udyam Assist portals

38
Q

Yasasvini Campaign was launched by?

A

WEP of NITI Aayog & MoRD

39
Q

Honey Mission is by?

A

KVIC

MoMSME

40
Q

National Bee & Honey Mission is by?

A

MoAFW

41
Q

DigiReady Certification Portal (DRC) is meticulously designed to facilitate a streamlined seller (MSMEs) journey into digitized workflow. It is by?

A

Min of Commerce & Industry

42
Q

ONDC was Launched in

A

2021

43
Q

Fullform of CREATE. Where is it set up?

A

Centre for Rural Enterprise Acceleration through technology

In Leh

44
Q

NSSH is implemented by?

A

National Small Industries Corporation (NSIC)

under MoMSME

45
Q

A scheme to build capacity of MSME so as to enter the export market by participating in international fairs and organic conference meets

A

International Cooperation Scheme