In October 2026, what type of capital is the ₹10,000 crore SME Growth Fund intended to provide to small and medium enterprises?
Question and options
In October 2026, what type of capital is the ₹10,000 crore SME Growth Fund intended to provide to small and medium enterprises?
- One-day interbank loans
- Consumer-credit guarantees
- Long-term equity investment
- Short-term import letters of credit
Answer and explanation
Correct answer: C - Long-term equity investment
The Cabinet approved the government's commitment on 6 October 2026. The fund is designed to provide direct, long-term equity investment in eligible enterprises.
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