Q12 · UPPSC current affairs · 6 September 2026 · PIB · Emergency Credit Line Guarantee Scheme 5.0 ECLGS NCGTC

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With reference to the National Credit Guarantee Trustee Company (NCGTC), consider the following:1.It is a wholly owned trustee company set up by the Ministry of Finance.2.It manages credit guarantee funds.Which of the statements given above is/are correct?

A 1 only

B 2 only

C Both 1 and 2

D Neither 1 nor 2

Correct answer: (c) Both 1 and 2

Explanation

Both statements are correct. NCGTC is a wholly owned trustee company set up by the Ministry of Finance to manage various credit guarantee funds.

Same topic · past papers

These previous-year questions sit on the same topic. Open one to practise the earlier ask.