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Your results are here!! for" Growth Plus Scheme "
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Question 1 of 10
1. Question
Which group is the primary target of the Growth Plus Scheme?
Correct
The scheme targets MSMEs and Non-MSMEs, with special focus on Micro Enterprises, Women and Youth Entrepreneurs.
Incorrect
The scheme targets MSMEs and Non-MSMEs, with special focus on Micro Enterprises, Women and Youth Entrepreneurs.
Unattempted
The scheme targets MSMEs and Non-MSMEs, with special focus on Micro Enterprises, Women and Youth Entrepreneurs.
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Question 2 of 10
2. Question
What is the purpose of providing a facility under the Growth Plus Scheme?
Correct
The facility is provided for genuine business needs, not prohibited by applicable law, to meet working capital requirements.
Incorrect
The facility is provided for genuine business needs, not prohibited by applicable law, to meet working capital requirements.
Unattempted
The facility is provided for genuine business needs, not prohibited by applicable law, to meet working capital requirements.
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Question 3 of 10
3. Question
Which of the following is an eligible entity under the Growth Plus Scheme, subject to the applicable conditions?
Correct
Eligible entities include Individuals, Proprietorships, Partnerships, LLPs, Private/Public Limited Companies, Trusts, Societies and Co-operative Societies registered under applicable law.
Incorrect
Eligible entities include Individuals, Proprietorships, Partnerships, LLPs, Private/Public Limited Companies, Trusts, Societies and Co-operative Societies registered under applicable law.
Unattempted
Eligible entities include Individuals, Proprietorships, Partnerships, LLPs, Private/Public Limited Companies, Trusts, Societies and Co-operative Societies registered under applicable law.
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Question 4 of 10
4. Question
What registration number should MSMEs have under the Growth Plus Scheme?
Correct
MSMEs should have a valid Udyam Registration Number (URN).
Incorrect
MSMEs should have a valid Udyam Registration Number (URN).
Unattempted
MSMEs should have a valid Udyam Registration Number (URN).
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Question 5 of 10
5. Question
Are HUFs permitted under the Growth Plus Scheme?
Correct
HUFs are specifically not permitted under the Growth Plus Scheme.
Incorrect
HUFs are specifically not permitted under the Growth Plus Scheme.
Unattempted
HUFs are specifically not permitted under the Growth Plus Scheme.
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Question 6 of 10
6. Question
A firm applying under the Growth Plus Scheme should have at least how much existence?
Correct
A firm should have at least 6 months of existence to be eligible under the scheme.
Incorrect
A firm should have at least 6 months of existence to be eligible under the scheme.
Unattempted
A firm should have at least 6 months of existence to be eligible under the scheme.
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Question 7 of 10
7. Question
What is the maximum loan amount available under the Growth Plus Scheme?
Correct
The minimum loan amount is above ₹20 lakh and the maximum loan amount is ₹2 crore.
Incorrect
The minimum loan amount is above ₹20 lakh and the maximum loan amount is ₹2 crore.
Unattempted
The minimum loan amount is above ₹20 lakh and the maximum loan amount is ₹2 crore.
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Question 8 of 10
8. Question
On what basis is the loan assessed under the Growth Plus Scheme?
Correct
Loan assessment is based on GST Returns or Credit Summations in the account.
Incorrect
Loan assessment is based on GST Returns or Credit Summations in the account.
Unattempted
Loan assessment is based on GST Returns or Credit Summations in the account.
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Question 9 of 10
9. Question
What concession is available on the applicable Processing Fee under the Growth Plus Scheme?
Correct
The scheme provides a 25% concession in the applicable Processing Fee.
Incorrect
The scheme provides a 25% concession in the applicable Processing Fee.
Unattempted
The scheme provides a 25% concession in the applicable Processing Fee.
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Question 10 of 10
10. Question
What is the treatment of RTGS, NEFT and IMPS charges under the Growth Plus Scheme?
Correct
RTGS, NEFT and IMPS charges are exempted under the scheme.
Incorrect
RTGS, NEFT and IMPS charges are exempted under the scheme.
Unattempted
RTGS, NEFT and IMPS charges are exempted under the scheme.