Q9 · UPPSC current affairs · 7 October 2026 · PIB · SME Growth Fund MSME Equity Capital

← Q8 Q10 →

Consider the following statements about the SME Growth Fund:1.The Union Cabinet approved a central commitment of Rs 10,000 crore to establish the fund.2.The fund specifically targets early-stage Micro units rather than growth-stage Small and Medium Enterprises.Which of the statements given above is/are correct?

A Neither 1 nor 2
B 2 only
C 1 only
D Both 1 and 2

Correct answer: (c) 1 only

Explanation

Statement 1 is correct as the Union Cabinet approved a Rs 10,000 crore central commitment for the SME Growth Fund. Statement 2 is incorrect because the fund specifically targets growth-stage Small and Medium Enterprises rather than early-stage Micro units.

Same topic · past papers

UPSC has asked this before

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

  1. 2024 · Q11 · UPPGS

    Consider the following statements: 1. Scientific investigation depends on commitment to practical ideals. 2. Honesty is particularly important in science. Select the correct answer from the codes given below:

    View answer →

  2. 2024 · Q145 · UPPGS

    With reference to the “National Intellectual Property Rights Policy” consider the following statements: 1. It reiterates India's commitment to Doha Development Agenda and the TRIPS agreement. 2. Department of Industrial Policy and Promotion is the nodal agency for regulating Intellectual Property Rights in India. Which of the above statements is/are correct? Select the correct answer from the code given below:

    View answer →

PDF