The Banking Tutor

MSME - Objective Type

OT MSME 01 Questions 06- 09-2022
Answer the following briefly.

01. What is a Micro Enterprise ?

02. What is a Small Enterprise ?

03. What is a Medium Enterprise ?

04. What is the Target for MSME Lending by Banks ?

05. What are the functions of Champions Control Rooms ?

06. Can an Entity file more than one Udyam Registration ?

07. Whether Retail Trade and Whole Sale Trade can be classified as MSME ?

08. Who are Certified Credit Counsellors (CCC) ?

09. What is Trade Receivables Discounting System (TReDS) ?

10. What are Financial Literacy Centres (FLCs) ?

11. What are Rural Self Employment Training Institutes (RSETIs) ?

12. What is the MSME SAMADHAAN ?

13. What is MSME Sambandh ?

14. What is Udyami Mitra Portal ?

15. Which Institution is responsible for MSME Development in India ?

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Fill up the Blanks

01. New (present) definition of MSME effective from …………………

02. As per new definition, …………………..criterion of …………………..shall apply for

classification of an enterprise as micro, small or medium.

03. Full form of URC is ………………….

04. Full form of GSTN is ……………………

05. The calculation of investment in plant and machinery or equipment will be

linked to the ………………………..

06. In case of a new enterprise, where no prior ITR is available, the investment will
be based on …………………………….

07. As per Norms related MSME classification The expression ‘’plant and machinery
or equipment’’ of the enterprise, shall include………………..

08. ………………………shall be excluded while calculating the turnover of any enterprise

whether micro, small or medium, for the purposes of classification.

09. As per …………………Report, working capital limits to SSI units is computed on the
basis of minimum 20% of their estimated turnover up to credit limit of ₹5 crore.

10. A composite loan limit of ₹1 crore can be sanctioned by banks to enable the
MSME entrepreneurs to avail of their working capital and term loan requirement
through …………………

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11. ……………………approach may be more beneficial (a) in dealing with well-defined
and recognized groups (b) availability of appropriate information for risk
assessment (c) monitoring by the lending institutions and (d) reduction in costs.

12. Banks are mandated not to accept collateral security in the case of loans upto
Rs ……………..extended to units in the MSE sector.

13. The CGTMSE would provide cover for credit facility up to ……………which have
been extended by lending institutions without any collateral security and /or third-
party guarantees.

14. The credit rating by external rating agencies is not compulsory from regulatory
capital perspective, if the maximum aggregate exposure to one counterparty does
not exceed the threshold limit of …………..subject to meeting certain other
conditions.

15. Full form of RSETIs is ……………………

Sekhar Pariti
+91 9440641014
Key will be shared tomorrow evening in the Blog only.

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