Daily Quiz on Current Affairs by Gkseries – 13 June 2023

Which of the following sector of MSMEs will primarily benefit from the NBFC Growth Accelerator Program (NGAP)?

(a) Tier one cities
(b) Tier two and tier three cities
(c) Rural areas
(d) Large-scale enterprises

Ans.(b)
Sol. NGAP aims to support smaller NBFCs that primarily lend to micro and small businesses in tier two and tier three cities.

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