SSC Economics Sample Paper NCERT Sample Paper-4

  • question_answer
    Which among the following scheme is exclusively for Micro, small & medium enterprises?

    A)  Credit Linked Capital Subsidy Scheme

    B)  Duty Entitlement Pass Book

    C)  Duty Free Replenishment Card

    D)  Focus Product Scheme

    Correct Answer: A

    Solution :

    [a] The Ministry of Micro, Small and Medium Enterprises is operating a scheme namely "Credit Linked Capital Subsidy Scheme (CLCSS) for technology upgradation of Micro and Small Enterprises. The scheme was launched in October-2000 and revised from 29.9.2005. The revised scheme aims at facilitating technology upgradation of Micro and Small Enterprises (MSEs) by providing 15% capital subsidy (limited to maximum Rs. 15 lakhs) for purchase of Plant & Machinery. Maximum limit of eligible loan for calculation of subsidy under the scheme is Rs. 100 lakhs. Presently, more than 1500 well established/improved technologies under 51 sub-sectors have been approved under the Scheme.

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