CGTMSE Default Guarantee Scheme Operationalized for MSE Invoices on TReDS
The program covers 75% of default risk for eligible micro and small enterprises.
Revolving exposure caps stand at ₹10 crore for buyers and ₹2 crore for sellers.
M1xchange became the maiden operational platform executing a CGTMSE-backed trade.
🎯 Key Point: CGTMSE activated 75% credit guarantee cover for MSE invoices on TReDS.
Key Facts / Static GK
CGTMSE Set Up By: Ministry of MSME and SIDBI
Q Practice Quiz — 29 September 2026
1. What is the primary duration and focus of the Vision Document on Narcotics Control unveiled at the 3rd National ANTF Conference?
Explanation: The Vision Document on Narcotics Control (2026–2029) released at the 3rd National ANTF Heads Conference serves as a 3-year national roadmap to tackle illicit drug trafficking and drug abuse across India.
2. What is the joint venture equity contribution ratio between Deendayal Port Authority (DPA) and Assam Petro-Chemicals Ltd (APCL) for the e-methanol facility at Kandla?
Explanation: The capital contribution ratio agreed upon between Deendayal Port Authority (DPA) and Assam Petro-Chemicals Ltd (APCL) for India's first port-based e-methanol production plant is 76:24.
3. At which major port did the Cabinet Committee on Economic Affairs (CCEA) approve the ₹17,167-crore Outer Harbour Project?
Explanation: The Cabinet Committee on Economic Affairs approved the development of the Outer Harbour Project at V.O. Chidambaranar Port located in Thoothukudi, Tamil Nadu, at an estimated cost of ₹17,167 crore.
4. Consider the following statements regarding the newly launched Advantage SBI Card on YONO: 1. It is a secured credit card issued against a customer's fixed deposit. 2. The entire application and issuance process is executed digitally on the YONO platform. 3. It is available in four variants including ELITE and SimplySAVE. Which of the statements given above are correct?
Explanation: All three statements are correct: Advantage SBI Card is a secured credit card issued against Fixed Deposits via a fully digital journey on YONO, available across four variants (ELITE, PRIME, SimplyCLICK, and SimplySAVE).
5. Which regulatory authority granted approval for rebranding ICICI Prudential Life Insurance Company Limited to ICICI Life Insurance Limited?
Explanation: ICICI Prudential Life Insurance Company Limited received formal approval from the Registrar of Companies (RoC) to rename itself ICICI Life Insurance Limited.
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